Cannabis Dispensary Funding & Working Capital Loans

Cannabis Dispensary Funding

The cannabis industry employs over 165,000 workers, with recreational and medicinal cannabis markets expected to grow to $57 billion by 2027. Keep your cannabis dispensary on the cutting edge with up to $500,000 in funding from Greenbox Capital® in just 24 hours.

Direct, Quick Cannabis Dispensary Loans

Significant industry growth is projected over the next decade, demand for legal cannabis is high, and momentum for more states to legalize recreational and medicinal cannabis is increasing. Cannabis is legal in Canada and some states, but recreational and medicinal cannabis remains illegal at the federal level in the United States. Because of this, many traditional lenders, and even some alternative lenders, are choosing not to fund dispensaries and other cannabis-related businesses.

At Greenbox Capital, we are proud to offer responsible dispensary funding to help small businesses fuel the growth of this emerging industry. As an alternative lender, Greenbox Capital can approve more dispensary loans, with working capital deposited in as little as one business day. We provide a number of different types of small business funding to help grow your dispensary, with quick dispensary loans from as low as $3,000 up to $500,000.

Dispensary Funding Solutions

Our Funding Advisors will take the time to get to know your business so they can recommend the funding option that will help you grow without compromising your cash flow.

Merchant Cash Advance

You’ll receive working capital now, and we’ll receive a percentage of your daily or weekly credit card sales until the terms of the advance have been met. Ideal for businesses with a high volume of credit card sales.

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Small Business Loan

Our business capital loans are typically between $20,000 and $60,000, but start as low as $3,000 and reach as high as $500,000 depending on the needs of your business. Ideal for businesses seeking short-term financing to grow.

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Collateral Loan

A secured loan that uses commercial real estate to reduce the cost of the loan. With a secured loan, small business owners can often qualify for more funding or better terms. Ideal for businesses looking for longer-term funding options.

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Business Line of Credit

Borrow as much or as little as you need without the obligations of a fixed term loan. Draw and repay as you go and pay interest only on the portion of money you borrow. Ideal for businesses looking for flexible funding.

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Invoice Factoring

Sell us your pending invoices in exchange for the net amount in cash. You’ll receive the balance of the invoices’ value when we receive payment (minus our fee). Ideal for businesses with long accounts receivable periods.

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How To Use Cannabis Dispensary Funding

Cannabis dispensaries face a number of unique challenges that may require a quick infusion of working capital, such as:

Variations in supply causing fluctuations in inventory, as well as wholesale and retail pricing
Competition with black market retailers who can offer lower prices
Misconceptions and skepticism surrounding recreational and medicinal cannabis
Tight marketing and advertising restrictions

Recreational legalization in Canada and some states has opened up a number of opportunities for dispensaries. In addition to helping you navigate the challenges of operating a dispensary, a quick dispensary loan can also provide the cash flow you need to improve or expand. Use your funding to:

Add additional storage facilities for finished or unfinished product
Open a new location or renovate your existing location to offer a more welcoming environment
Purchase new equipment to increase production volume
Purchase additional inventory to meet growing consumer demand

How Dispensary Funding Works

Submit your 1-page application
After you submit your application, a Funding Advisor will reach out to you within 1 hour (during regular business hours) to discuss your options.
Choose your funding
Your Funding Advisor will work closely with you to determine which small business funding option will help you achieve your goals without compromising cash flow.
Get funded
Once you and your Funding Advisor determine what funding option will work best for your business, your funding can be approved and deposited within 24 hours.
Repay your funding
Repayment terms will depend on what kind of dispensary working capital loan you use. Terms are set in advance so you know what to expect and can plan accordingly.

Will You Qualify?

At Greenbox Capital, we know your business’s credit score doesn’t tell the full story. That’s why we focus on the overall health of your business. Here are some factors we consider:

Business revenue
Cash flow
Vendor payment history

Years in business
Public records

Why Get Funded by Greenbox Capital?

Though recreational and medicinal cannabis is legal in Canada and some states, it is still considered a Schedule I drug at the federal level in the United States. For this reason, traditional lenders are not likely to approve cannabis dispensary loans. Greenbox Capital is a direct lender, which means we can approve most dispensary loans.

We are proud to provide responsible dispensary funding. We’ll never over-leverage your dispensary by providing more funding than you can handle, and we’ll be here if you have any questions along the way. And with our faster, streamlined approval process, you won’t need to weed through a long, intrusive application process to get the working capital you need, often in as little as one business day.

Dispensaries Funding Q&A

Q: I’m looking to add another dispensary to my thriving cannabis business and need funds to help my expansion. How quickly can I get working capital?

A: Once your application is submitted, we may be able to fund you within 24 hours.

Q: I need to invest in additional equipment to support the growing demand for legal cannabis. Is a dispensary working capital loan a good option?

A: Yes, please contact one of our helpful Funding Advisors to determine the right funding option for your business.