Bridge Loan | |
Property Types | Cannabis Related |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $250,000 |
Loan amount Maximum | $10,000,000 |
Interest Rate Minimum | 13% |
Interest Rate Maximum | 20% |
Points Minimum 1st TD | 3 |
Points Maximum 1st TD | 5 |
Terms | 1 year, 2 year, 3 year, 4 year, 5 year |
Interest Only or Amortized | Amortized and Interest Only Options available |
Lien Position | 1st |
Prepayment Penalty | 2 years |
Intended Occupancy | Tenant, Owner Occupied Business |
General Pricing or Guideline info | Cannabis real estate financing and loans Boosting your business with customized cannabis real estate lending solutions Whether for the construction, acquisition, or improvement of cultivation warehouses, greenhouses, processing/extraction facilities, retail dispensaries, or on-site consumption venues, Sweet Leaf Madison Capital has you covered with cannabis real estate loans and financing structures to help your cannabis business reach the next level. For some businesses, cash-out refinancing and sale-leasebacks of your property are other options that can help grow your business. Our loans typically start at $250K, ranging over one to five years, with a loan-to-value ratio of up to 75 percent. |
Updated as of | 2024-01-11 |
Summary of all Guidelines | |
Loan Types | Investment property Line of Credit |
Property Types | Cannabis Related |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $150,000 |
Loan amount Maximum | $10,000,000 |
Interest Rate Minimum | 13% |
Interest Rate Maximum | 20% |
Points Minimum 1st TD | 3 |
Points Maximum 1st TD | 5 |
Terms | 1 year, 2 years, 3 years, 4 Years, 5 years |
Interest Only or Amortized | Interest Only, Amoritzed |
Prepayment Penalty | 2 year |
LTV Bridge | 75 |
LTC Construction | 65 |
Upfront Fees | Appraisal, Fund Control, Upfront Deposit |
LTC Rehab | 75 |
LTV Long Term Rental | 75 |
Personal Guarantee /Recourse Required | Personal Guarantee Required / Recourse |
Intended Occupancy | Owner, Owner bridge, Tenant |
Sweet Leaf Madison Capital (SLMC) is an experienced lender that provides tailored debt financing solutions to the underserved middle market of the cannabis industry, from “seed-to-sale”. Possessing deep understanding and expertise in the complexities, risks and opportunities of the industry, SLMC was created to bridge the gap between cannabis businesses and funding needs. Leveraging its team of seasoned finance, legal and cannabis industry professionals, SLMC offers a variety of non-dilutive, asset-backed lending products, including real estate, equipment financing and senior secured term loans. Since its predecessor was created in 2015, Sweet Leaf has been an industry leader in providing customized lending solutions to help hundreds of cannabis businesses fund growth opportunities and achieve success.
Sweet Leaf Madison Capital is located in West Palm Beach, FL. They offer financing for Investment property Line of Credit. The property type they primarily lend against is Cannabis Related. Their minimum loan amount is $150,000. Their maximum loan amount is $10,000,000. They offer loans for a minimum Term of 6 months. Maximum duration of 1 year;2 years;3 years;4 Years;5 years. Although rates can change they are typically lending at a minimum rate of 13%. Maximum interest rate of 20%. Points charged are deal specific, but historically have charged a minimum of 3. Maximum points charged are 5.
These descriptions are limited information and meant for general reference purposes.