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CANNA BUSINESS RESOURCES : HOW TO GET A LINE OF CREDIT FOR YOUR CANNABUSINESS
![Invoice line of credit](https://cannabusinessresources.com/wp-content/uploads/2020/11/invoice-line-of-credit.png)
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AR/INVOICE FINANCING
Rapid industry growth and lack of capital support from traditional banks and lenders has created a working capital crunch throughout the vertical supply chain. CBR can provide A/R and reverse A/R invoice financing on a revolver basis.
Our receivable financing product acts as a revolving line of credit for your cannabusiness and does not require additional collateral.
- ROLLING 30 DAY TERMS
- FACILITY SIZE: $250,000 - $15 Million
- FUNDING in 1-5 DAYS
Million
Borrowers
& Counting
FUNDING PROCESS
![DETAILED INVOICE REVIEW](https://cannabusinessresources.com/wp-content/uploads/2020/11/invoice-150x150.png)
Detailed Invoice Review
![LETTER OF INTENT](https://cannabusinessresources.com/wp-content/uploads/2020/11/Letter-of-Intent-150x150.png)
Letter of Intent
![CONTRACT PRESENTATION & NEGOTIATION](https://cannabusinessresources.com/wp-content/uploads/2020/11/contract-150x150.png)
Contract Presentation & Negotiation
![FUNDING](https://cannabusinessresources.com/wp-content/uploads/2020/11/funding-150x150.png)
Funding
![shop Retailers icon](https://cannabusinessresources.com/wp-content/uploads/2020/11/shop.png)
Retailers need invoice financing for purchasing needs – oftentimes it makes sense to finance a larger purchase of wholesale shelf product to reduce overall costs and financing those purchases is possible with CBR.
![cultivation-icons Cultivators icon](https://cannabusinessresources.com/wp-content/uploads/2020/11/cultivation-icons.png)
Cultivators in many markets sell product on credit and in many instances CBR can close the working capital gap by financing those receivables.
![Manufacturers icon](https://cannabusinessresources.com/wp-content/uploads/2020/11/Manufacturers-icon.png)
Manufacturers are often stuck in the middle, purchasing raw material with credit terms and accepting credit payment terms from retailers, creating a working capital crunch that can be resolved through an A/R or reverse A/R factoring program with CBR.