Mortgages & Business Loans for Marijuana Dispensaries
Are you looking for a business loan or financing for a marijuana dispensary? Through our banking partners, The Transaction Group (TTG) now offers mortgages and business loans for dispensaries. Grow the business you’ve always wanted!
In the United States, legally operating mmj dispensaries have faced a number of challenges in the past several years in regard to banking. Even though states have been afforded the opportunity to make their own laws, most federally insured banks do not want to pursue business relationships with dispensaries due to the fact that the federal government has not legalized cannabis.
Even today, dispensary owners have difficulty even setting up business checking accounts. Traditional credit card processing for the mmj industry disappeared in 2012. The chances for prospective dispensary owners obtaining a business loan from a bank to open a new dispensary or collective are very slim.
Unless a business owner had personal wealth or private financing available, opening a marijuana dispensary was nearly impossible, as capital required getting these businesses up and running can be extremely high.
The times have changed! With this mortgage financing program, the barriers to entry in the mmj industry have lessened. Our program carries favorable rates and terms.
Contact TTG today to find out more about our mortgage program and how your dream to open a marijuana dispensary can be a reality! We look forward to hearing from you.
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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?
- 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.
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- 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.
