Cannabis Equipment & Real Estate Lender Now Backed By $100 Million Debt Facility

Middle-market cannabis lender Sweet Leaf Madison Capital (SLMC) has secured a $100 million debt facility, expanding its lending reach to compliant small and medium cannabis businesses.

Denver, United States - August 14, 2023 /PressCable/ —

Sweet Leaf Madison Capital announced the capital infusion of $100 million by a special situation institutional asset management company from New York. The expanded debt facility enables SLMC to reach more compliant cannabis businesses amid sweeping nationwide statutory and regulatory changes.

For more information, visit https://www.sweetleafmadison.com

SLMC originates asset-based seed-to-sale loans for small-scale and industrial growing equipment and real estate. The lender supports cash flow financing through customized senior secured cannabis business loans against inventory, purchase orders, and trade receivables.

Short-term cash flow loans may be tailored to a borrower's needs, featuring up to 75 percent loan-to-value (LTV) based on guarantor support or assets, with average loan amounts of $15 million over four years.

As a non-dilutive asset-backed lender, SLMC does not require borrowers to give up any equity in their businesses, and the $100 million debt facility allows the company to better support underserved mid-market cannabis businesses that may not have access to traditional financing solutions. This debt facility may be increased to $200 million by mutual agreement.

SLMC cannabis equipment loan amounts range from $150,000 to $15 million over terms of 12-48 months to support the purchase of new growing and lab equipment, plant upgrades, grow facility tenant improvements, and full or partial retrofits.

Cannabis real estate loans start at $250,000 at a 75 percent LTV, covering the construction, improvement, and purchase of dispensaries, cultivation and processing plants, greenhouses, and consumption sites.

On the strength of the $100 million debt facility, SLMC continues diversifying its investments by lending to cannabis businesses poised for growth and profitability.

About SLMC

Sweet Leaf Madison Capital (SLMC) is a middle-market cannabis financing lender specializing in tailored debt financing solutions across the cannabis industry supply chain. The company was formed by a merger between cannabis industry direct lender Sweet Leaf Capital and real estate and specialty investment firm Madison Ventures+.

For more information about cannabis debt lending solutions, visit https://www.sweetleafmadison.com

Contact Info:
Name: Emma Fuller
Email: Send Email
Organization: Sweet Leaf Madison Capital
Address: 600 North Grant Street Suite 300, Denver, Colorado 80203, United States
Phone: +1-888-251-8384
Website: https://sweetleafmadison.com/

Source: PressCable

Release ID: 89104865

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