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Term Loans

Secure lump sum funding and pay back what you borrowed over a flexible term.

How Do You Qualify for Term Loans?

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1+ Year in Business

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$500,000+ in Annual Revenue

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Owner Information

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Types of Term Loans 

Short-term loans have expedited repayment periods between 6 and 18 months. These are best for situations where you’ll see a near-immediate ROI from your financing, like purchasing the upfront costs needed for a project or picking up bulk inventory for a holiday season.

Short-Term Loans

Intermediate repayment falls between 1 to 3 years. It’s essentially a middle ground for entrepreneurs who don’t need short or long-term financing.

Intermediate-Term Loans

Entrepreneurs select longer repayment periods to lower their monthly payments and spread out the borrowed amount for as long as possible. Although you’ll pay more in interest payments, opting for longer repayment periods is a way to preserve your cash flow.

Long-Term Loans

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Funding Amount

Funding limits vary from lender to lender, but you can secure anywhere from $100,000 to $10,000,000 through term financing.

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Interest Rate 

Bank lenders’ rates are determined by the prime rate + 2%. For non-banks, the average interest rate is around 1% per month and will increase from there.

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Loan Term 

You can opt for longer or shorter terms, depending on your needs and business capability.

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Time to Fund

The process can take 30-90 days with banks or credit unions, whereas non-bank lenders can move you from application to funding within 24 hours.

Term Loan Amounts, Rates & Time to Fund

  • What type of Cannabis Companies do you work with?
    With work with all Legal, and compliant Retail, Delivery, Distribution, Manufacturing, and Vertically Integrated companies on the West Coast.
  • What is Asset and Operational Management?
    Asset and Operational management gives a business the foundation, structure, and formula to expand and improve by creating systems behind the scenes to track key KPI’s, manage and cultivate B2B relationships, balance the finances, strengthen weaknesses, and overall streamline the business for the owners to expand, gain access to capital, and exit for a high multiple.
  • Do you take Equity?
    No, we are strictly a third party to your business, we are paid by a management fee, but incentivized to add value to your company and improve revenue through a performance fee which is all within the agreement that is signed prior to official engagement.
  • Can you sell my cannabis business?
    Yes, part of our services is the ability to represent you and sell your business, we have a vast experience in commercial real estate transactions. We do however believe that the cannabis market is at a low multiple which will improve over time therefore we would want to conduct a complete study of your company to see if there may alternate methods to achieve what you think a sell may bring.
  • How can I benefit from Flora’s Services?
    All of our services, from consultation, to comprehensive asset and operational management is to provide an objective perspective on how to improve your bottom line, and efficiency of your business. As a business owner, and even your executive team, focusing on too many things at can stretch your time and resources, we bring curated codified methods, foundations, and structure that we follow through with by being actively involved in its performance.
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