Direct Cannabis Lender in CO Seeking Partner
| Rittertime is working closely with one of the cannabis industry’s top direct lenders to locate sources of capital. They specialize in equipment loans and other working capital and are the only Colorado-based direct lender to the cannabis industry. They have a portfolio of loans that is currently at approximately $20M but will grow to around $50M in the coming year. They are looking for a lender who will invest $20M at the outset with follow up tranches of $5M. | |
| KEY DETAILS | |
| INVESTMENT REQUEST: | Senior lenders to invest $25-50M, $20M immediately and $5M tranches thereafter |
| TERM: | 3-years |
| RETURN: | 10% (sponsor is flexible) |
| IDEAL PARTICIPANT: | Investors who want to analyze our inventory of clients and participate on a case-by-case basis |
Interested?
If you would like to know more and see all materials necessary for due diligence on the sponsor, please set up a time to talk where I can walk through more of the details. If you have a specific time that works for you let me know and I will do my best to accommodate.
If you would like to know more and see all materials necessary for due diligence on the sponsor, please set up a time to talk where I can walk through more of the details. If you have a specific time that works for you let me know and I will do my best to accommodate.
