CBD Business Loans

Bespoke Financial helps address the funding needs for CBD businesses with financing services specifically tailored to their needs. Grow your business with CBD business loans from Bespoke Financial.

CBD businesses often struggle with long cashflow collection cycles, irregular collections on invoices, a lack of viable lenders and dilutive equity capital raises. While not as difficult as finding funding for a cannabis business, you still might have to look to alternative lenders to get the financing you need. Bespoke solves these problems by offering CBD companies Invoice Financing and Inventory Financing options which provide cash to pay expenses or purchase inventory quickly and reliably. Our short term CBD loans can help your business better plan for success and scale for the future.


Ready to get started? We’ve made it easy to apply, and you’ll receive an answer within 7 days.


Number one

What types of regulations on CBD are in place at the local, state, and federal level, and how would they impact my business?

Constantly changing regulations surrounding CBD can leave business owners in flux. The Agriculture Improvement Act of 2018, better known as the “2018 Farm Bill,” legalized hemp cultivation and declassified it as a Schedule I controlled substance. However, the Food and Drug Administration (FDA) continues to regulate the sale of cannabis products, including CBD (regardless of whether it is hemp-derived), by requiring that all products marketed with a claim of therapeutic benefits must be approved by the FDA prior to sale. Your state and local laws will also impact your business, so make sure to do your research and find out what you can and cannot legally sell in your area.

number two

How can I get financing for my CBD business?

Although hemp is no longer a Schedule I controlled substance, many CBD products still occupy a legal “grey area” due to the many different regulations at the local and state level, and the federal government still regulates the sale of CBD products and prohibits the addition of CBD to food and drinks. That said, there are lenders who specifically deal with businesses in the CBD industry and offer a variety of financing options. Ready to get started? We’ve made it easy to apply, and you’ll receive an answer within 7 days.

Number three

What types of loans are available to CBD businesses?

The primary financing options for would-be CBD business owners are debt funding and equity funding. Debt funding is the type of financing most people are familiar with, as it usually involves taking out a loan or using a business credit card, thereby accumulating debt and paying it back over time plus interest. When using equity funding, the business owner offers shares of the company in exchange for financing, and the lender or investor gets their money back as either dividends or profit when the company is sold. Loans for CBD businesses usually come in the form of private loans, real estate loans, equipment leasing loans, and dispensary cash advances.

number four

What do I need to apply for a CBD loan?

Most lenders, including Bespoke, will want to see, at a minimum, your personal credit report, three to six months worth of bank statements, balance sheets, income statements, and your capital needs. Your credit report (and the credit reports of any business partners) should show that you have a credit score of ideally at least 700, have a history of making your payments on time, and do not have any bankruptcies on your record.  As an added layer of protection due to the risky nature of the CBD industry, lenders may also want to review a list of your key management personnel and a list of all active licenses held. Make sure you have all of your documentation together prior to applying for your loan in order to move the process forward as smoothly as possible.

Number five

Do I need to have any collateral available?

First things first: you do not necessarily need to have available collateral in order to get a CBD business loan. However, it might help, especially if you have a lower credit score or other mistakes in your financial past that could be problematic. If your business doesn’t exist yet, some lenders are willing to consider personal assets, such as your house, as collateral. Be careful offering up your house, though – if your business goes under and you can’t repay your loan, you’ll lose both your home and your business. Instead, look for financing options like an equipment loan that holds the purchased equipment as collateral until the loan is repaid, like a car loan.