Invoice Financing & Inventory Financing for the Cannabis Industry

Bespoke Financial helps address the funding needs for cannabis businesses with financing services specifically tailored to the needs of cultivators, manufacturers, brands, distributors, retailers, and ancillary companies.

CANNABIS FINANCING

Invoice Financing

Most cannabis businesses wait 30-90 days before receiving payment on their open invoices, creating working capital strains and hindering growth. Invoice financing helps by providing your business with capital when you need it. When you’re approved for invoice financing, we’ll provide you with an advance of up to 80% on a nominated accounts receivable invoice.

Benefits of
Invoice Financing:

Quick access to working capital within 2 business days
Consistent cash flow
Freely extend terms to your clients
Flexible

Consider Invoice
Financing if You’re A:

Cultivator
Distributor
Manufacturer
Cannabis Brand
Ancillary Company

Invoice Financing
Loan Details:

We pay you directly
Interest only accrues when you use the funds
Borrow for up to 90 days
Fees: 2.5-3.5% of invoice amount per 30 days

The Step-by-Step Process

Distributor ships goods to a Dispensary, issues an invoice due in 30 days and requests financing from Bespoke.

Bespoke advances 80% of the invoice amount directly to the Distributor’s bank account.

Distributor utilizes funds to scale up production and increase profits. Financing fees accrue until the invoice is paid in full to Bespoke.

Dispensary pays the full invoice to Bespoke. Bespoke sends the remaining 20% of the invoice to Distributor less accrued fees.

CANNABIS FINANCING

Inventory Financing

Don’t let cash flow issues slow down your growth. Stay on top of your invoices with inventory financing. When you’re approved for Bespoke’s inventory financing, we’ll pay your vendors directly so you can demand COD pricing.

Benefits of Inventory Financing:

Maintain positive vendor relationships
Take advantage of growth opportunities
Demand lower pricing by paying COD
Flexible financing available

Consider Inventory Financing if You’re A:

Cultivator
Distributor
Manufacturer
Cannabis Brand
Dispensary
Ancillary Cannabis Company

Inventory Financing Loan Details:

We pay your vendors directly
Interest only accrues when you use the funds
Borrow for up to 90 days
Fees: 2.5-3.5% of invoice amount per 30 days

The Step-by-Step Process

Cultivator ships biomass to a Manufacturer and issues an invoice due in 15 days.
Manufacturer requests financing from Bespoke.

Bespoke advances 100% of the invoice amount to the Cultivator.

Manufacturer processes biomass and sells final product.

Manufacturer pays the invoice amount plus accrued fees to Bespoke.

CANNABIS FINANCING

Purchase Money Financing

Cannabis companies often receive PO’s but don’t have the capital on hand to fulfill the orders during times of increased demand. Bespoke advances 100% of your purchase of raw materials enabling you to fulfill purchase orders.

Benefits of Purchase Money Financing: