Medical Marijuana Business Loans | Dispensary Cash Advance
Is your medical marijuana dispensary in need of a business loan to expand or purchase equipment? Do you need working capital for cash flow? The Transaction Group (TTG) and our lending partners are here to help.
Since 2004, TTG has been assisting businesses with financial services, including credit card processing for the medical marijuana industry. We have been advocates for the medicinal marijuana industry for a long time and believe that all legally operating businesses should be treated fairly.
Call us today @ 888-383-8056
MMJ Cash Advance Loan Funding
We understand the challenges dispensaries face with seemingly simple undertakings such as opening a business checking account. At the current time, a dispensary being approved for a business loan from a bank is very unlikely.
We have a different solution with our cash advance business loans for mmj collectives and dispensaries. And this cash advance loan program has advantages that traditional business loans do not.
Cash advance loan funding is based on a dispensary’s monthly sales volume. There is not a set payment schedule, making the repayment terms extremely flexible.
Unlike loans from banks and lenders that have very strict guidelines, medical marijuana collective or dispensary owners may use the financing for whatever purpose they choose.
MMJ Cash Advance Financing Requirements
Are you worried you’re not eligible for a cash advance business loan due to bad credit? That’s not a problem.
In order to qualify for medical marijuana business funding, dispensaries must have been in business for at least 6 months, have greater than $10K in monthly revenue, and have a credit score above 480.
MMJ Merchant Services
Do you also need a debit card processing solution for your mmj dispensary? We have a solution in place that allows dispensaries to accept debit cards from customers at a low flat rate.
To learn more about our cash advance loans or merchant services solutions, call us today at 888-383-8056. Or send an email to sales@thetransactiongroup.net.
Are you shopping for a better rate? Let us save you money!
Most merchants are unaware that interchange rates are adjusted as much as 2x per year. Over the course of several years, those adjustments can hike up a merchant’s rate and cost the merchant thousands in processing fees. Contact us via the form above, or call us today at 888-383-8056. Chances are, we can save you up to 25% over your existing rates and fees!
Why do businesses choose to work with The Transaction Group?Â
- We aim for 100% customer satisfaction. We understand that the customer comes first. At the end of the day, if the customer is not happy, we’re not happy.
- We offer a FREE rate analysis to every business. In most cases, we can save a business up to 25% on existing rates and fees. But if we can’t beat a customer’s rate, we’re upfront from the start. We don’t waste the customer’s time.
- We are reliable and always available. If a customer has any concerns, we’re available even after business hours. We’ll address any issues immediately.
- We don’t believe in one-size-fits-all.We provide solutions based on the specific requirements of each and every business. What’s best for one small business may not work for another.
- We have a fast & easy setup process. In most cases, we offer a fast and easy approval and set up. While some high risk businesses can have longer underwriting times, we keep the customer informed throughout the process and work for fast approvals.
- We have solutions for every business type. From low-risk card-present credit card processing solutions to payment processing solutions for high risk e-commerce stores, we’ve got it all.
