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Inventory Financing
Never miss out on a buying opportunity
Increase your purchasing power by buying larger quantities at lower prices to improve your COGs. When you’re approved for inventory financing we will pay your vendors directly so you can pay COD while still receiving 120 day terms from Bespoke.
CANNABIS FINANCING
Learn If Our Inventory Financing is The Right Solution For You
Benefits of our
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 Details:
- We pay your vendors directly
- Interest only accrues when you use the funds
- Borrow for up to 120 days
- Fees: 2.5-3.5% of invoice amount per 30 days
- No prepayment penalties
how it works
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.
"The most vital thing has been the flexibility to access the capital we need to increase production to keep up with demand. This is a very capital-intensive industry, and the partnership we've cultivated with Bespoke Financial has been crucial to our success."
Sebastian Solano
Chief Executive Officer
"Through Bespoke’s Inventory Financing solution, we're more aggressive with our purchasing which enables us to scale and grow faster."
Rashaan Everett
Chief Executive Officer
"By securing long-term contracts and down payments on long lead-time items, we've been able to derisk supply and better plan out our growth."
Aviad Haimi-Cohen
CFO & Head of Operations
"Bespoke is the single biggest reason for my company’s growth this past 4 months. We had an exciting growth/expansion plan worked out, but could NOT have initiated it without the help of Bespoke."
Andrew Mattison
Chief Executive Officer
Our Firm
The First Licensed Commercial Lender For Cannabis
Founded in 2018, 0ur team brings together years of experience from the lending, technology, and cannabis industries. We work with our clients to provide access to working capital so they can scale, grow and prosper.
