Matthew knew that traditional lending was going to be a hassle, even without the problem of Cannabis being federally illegal. Getting a loan requires paperwork and tax records and in some cases proof that you’re already turning a profit. But, if he was going to get his business of growing for local dispensaries up off the ground, he was going to need money. The only problem was where to get it. There was no way he wanted to jump into a loan from a big bank and have the danger of losing everything, and that was if he could find any financial institution that would take a chance on him in the first place. With the current state of the legal system, those wanting to have access to common means of funding are often unable to reach for their chance at success.
“Without the funds to get my business off the ground, I wouldn’t have been able to get started at all.”
Matthew looked into traditional funding far enough to see how impossible it was going to be, and then contacted Kush Financial. After talking to a funding specialist and getting some answers, he decided their funding process would not only be the quicker and simpler choice, but would also offer him the option to use the funding again, anytime he needed. So, he went ahead with getting a Good Faith Estimate, which was provided as soon as he applied online.
“It was a friendly, easy, no-hassle thing… and it wasn’t dragged out. From when I contacted them to when I had access to.”
Less than two weeks from contacting the funding specialist at Kush Financial, Matthew had access to the funds needed to start his homegrow and build a revenue stream. The funding that was acquired was even more than he needed, which not only meant that he could be prepared for emergencies in the future, but that his credit usage was only around 50% on average, making the investment in his business venture reflect positively on his credit report!
“They actually got me $30,000! I only used maybe half, but the security of having that extra credit if I need it has been a good thing.”
Growing Cannabis faces many challenges, and good conditions alone are not always enough to ensure a quality, healthy harvest. Adequate nutrients, proper lighting, correct temperature and humidity control are all major factors that must be kept in harmony to achieve success. Different strains, gender, mold dangers and many other issues have to be taken into account every day in a growers business, and any unnoticed detail can ruin months of work. Having the extra funds
available in case of hard times has given Matthew the security to know his business can survive a rough season.
“There’s always unforeseen issues in the growing process, so having access to funds to keep the business running smoothly is extremely important.”
Another important aspect of the funding Matthew received is how much less stressful the unsecured lines of credit have been compared with that of a large business loan. Plus the revolving lines of credit mean that he can continue to finance new expansions and future growth without ever having to apply for a loan or find an investor.
“There was 0% interest for a year, and on one of the lines it was even longer! Been in business almost a year, and almost all of the credit I used has been paid off.”
Once he had the money secured, Kush followed through with the rest of the details and told Matthew to contact them if he ever needed funding assistance again! However, with the revolving credit received through Kush Financials process, many business owners have found that they never have a need to seek out further funding ever again! The lines are
there to be used, and their continual usage and re-payment boosts credit scores, making a business more capable of financing larger expansions, and securing enviable interest rates.
“Kush took their percentage and nothing more. No fees, nothing weird. I didn’t have any ties or obligations to them beyond that.”
Plus, Kush Financial would never receive another cut of funding from any future usage of those lines of credit. Now there’s a real glow of confidence in this Oregon-based grower’s voice when he talks about this unique and simple funding method.
“If I needed further funding for my business in the future, I would definitely contact them again. The whole process was quick and easy. I’d recommend them to anyone.”
The Market Director at Kush Financial has been adamant since the beginning about transparency and authenticity throughout the whole funding process, which is why there is a full list of Frequently Asked Questions on their Website! Having come from start-up roots, a joint venture between individuals with extensive small-business experience, Kush Financial is committed to providing an accessible, honest funding option for those looking to create opportunities, for themselves and others, in the Cannabis industry. For more information about Kush Financials mission and core values,