Looking for Financial Insttitutes willing to lend for hemp business
Does anyone know of any banks, credit unions, co-op's etc. Willing to lend money for hemp related businesses? We have stellar credit rating and can easily obtain loan for ag equipment such as. Buildings, tractors implements etc, but no one is willing to touch any equipment that is specifically related to processing hemp products. This includes FSA. We have a rock solid business plan, but everyone we talk to becomes skiddish once the words hemp crosses our lips. Becoming frustrated now. Any suggestions from anyone? Idea's?
Hi! I'm with Bank of the West and we are actively partnering and supporting hemp farmers, manufacturers and businesses. Please let me know if we can help. Our rates, terms and deposit rates are very aggressive. How can we help be a resource for you?