AVANA Companies closed an $8MM loan for a cannabis store. Funds were used for property improvements and to acquire equipment to support the company’s grow facility. AVANA Capital’s cannabis financing and dispensary loans empower entrepreneurs to navigate the challenges of the cannabis industry through reliable, flexible, and affordable solutions. We want entrepreneurs to reach their full potential and succeed in their cannabis business ventures.
Loan Details
Loan Amount | 8,000,000 |
Loan Type | Cannabis CRE |
Loan Purpose | Construction |
Project Date | 01/10/2023 |