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Could You get me some guidelines on what you have for MMJ business. The broker that is referring me business have a meeting next week on $750K equipment and $2MM mortgage.
He is primarily in the equipment leasing business but occasionally receive inquires that include requests for commercial mortgages.
An example would be say, a transportation company adding or replacing their fleet of semi trucks.
In addition, they are interested in a repair center or yard for the trucks.
They would be looking for a standard commercial loan such as 7/1 ARM with a 25-year amortization.
My next question is somewhat loaded. He is in Colorado and lease equipment to the Marijuana related businesses.
A number have inquired if mortgage money would be available.
He do have one “bank” doing the same at this time.
Do you have any lenders that would be interested in that arena?
This would be warehouse or retail locations.
He is primarily in the equipment leasing business but occasionally receive inquires that include requests for commercial mortgages.
An example would be say, a transportation company adding or replacing their fleet of semi trucks.
In addition, they are interested in a repair center or yard for the trucks.
They would be looking for a standard commercial loan such as 7/1 ARM with a 25-year amortization.
My next question is somewhat loaded. He is in Colorado and lease equipment to the Marijuana related businesses.
A number have inquired if mortgage money would be available.
He do have one “bank” doing the same at this time.
Do you have any lenders that would be interested in that arena?
This would be warehouse or retail locations.
