Finance - UNSECURED
Revenue or Assets - we can help
(available only in USA at this time)
As accredited investors in the Cannabis/Hemp Industry, we have noticed that companies are actively raising capital. While we realise that a financial instrument revolving around equity may seem like the only way to get a sizeable amount of money to grow the business, we are excited to present a completely non-dilutive financing option. Some of the benefits of using our capital as your solution are:
- Funding up to $5 million (Unsecured and Non-dilutive).
- Full process takes 24-72 hours to get funds into your account.
- Unsecured - We can fund without encumbering any of the company's assets (will not interfere with any other financing products/equity deals they may be working on).
- Structured as a Purchase of future receivables - Can be accounted for on the Balance Sheet as a Payable rather than Debt.
We can get very creative in how we structure a deal and our products can be very versatile to pair with other types of financing as well as bridging to other opportunities.
We offer very steep discounts for early prepayments, broken down over 30, 60 and 90 day periods. This allows clients to have the benefits of both short term capital as well as the long term, cheaper financing.
In order for us to present a term-sheet in front of you, we will need the following:
-Signed merchant application (attached)
-Full year bank statements (or most recent 6 months)
-2019 P&L and Balance Sheet
-2018 P&L and Balance Sheet
-Most Recent Tax return
-Monthly CRM Sales Reports (if you have)
-AR Report (if you have)
-Projections (if you have)
If you don't have all of the documents above, don’t worry. We can waive some docs if necessary, and are very flexible. The more you can get us, the better. We will have more to underwrite and base our approval on.
Again, please note that this deal will NOT have any UCC's filed on the business or its assets as long as you are performing on the deal.
To complete the pre-approval application click here. One of the finance team will be in touch within 1-2 hours and you could be funded within 24-48 hours.
NON-DILUTIVE REVENUE BASED FACILITY:
HTG can help you retain your equity and still get funding based upon your company's revenues, FULLY UNSECURED. These are best used for opportunities including expansion, marketing, capital purchases, acquisitions or simply working capital.
- Terms from 6-12 months
- Facility Sizes from $10,000-$5,000,000
- Funding in 24-48 hours
HTG can help provide funding against accounts receivable, licenses, inventory, machinery and equipment, and real estate. Whether it’s a fast growth situation or a turnaround, HTG has the experience and appetite to make quick decisions. By focusing on assets, instead of balance sheets and projections, HTG can create facilities that banks cannot.
- Terms from 6-24 months
- Facility sizes from $75,000-$15,000,000
- Funding in 5-7 business days