We have been able to establish SBA Lending for hemp companies with our bank. This is one of the first in the country. I feel that this opportunity may be important for your company, or others that you work with. Thank you, Chad Bergin. Jaskotburk.com
Begin a long time SBA lender, they typically do not lend on Ag.
Can you be more specific on what the purposes or use of proceeds are?
I’m interested in what your district office allows.
Industrial hemp equipment?
Thank you for your response. We are a Business Consulting Firm and with our lending partners have had success with SBA lending for related Hemp Industry Businesses. To fund equipment or working capital. Such as a Farmer who is growing and harvesting hemp. They have a separate business for the product and a separate business for the farm, buildings, equipment and processing. The SBA loan could be used to purchase equipment and working capital. We are working with a lending partner who will finance a SBA loan for just hemp processing equipment. I trust this information is helpful. Thank you, Chad Bergin. Jaskotburk.com