TRG Captial Group, Difference
The principals a TRG Capital Group first started in the alternative lending industry in 2017. We built our clientele the same way you probably did; by working ridiculously hard, sacrificing, going without sleep, persevering, innovating, taking a few lumps and learning a few lessons, and - most importantly - by genuinely caring about our clients' success, and cultivating real, lasting relationships.
But, while watching the industry go through many changes over the past decade, we became concerned to see the emerging lending markets tilting heavily in favor of Big Business. This shift was good for banks and large corporations, but it left small business owners - those who truly power our economy and provide jobs - with significantly reduced access to short-term capital.
As small-business owners ourselves, we understand that it's already difficult enough to run a business without being shut out from access to the capital resources that might ensure your success. We solve this problem for you quickly, easily, and fairly. Our clients are almost always shocked to discover how painless our application process is: a one-page application, and a few supporting documents - that's it. Your file is then underwritten and decisioned in 24-48 hours, and the entire process from application to funds-in-hand is 7-10 days, but usually shorter in most cases. Ever heard of a bank lending a million bucks in 10 days with a one-page application?
Best of all, there are never any fees or costs to apply, and you can use the funds for whatever you want; renovations, expansion, partnership, investor or probate buyouts, inventory, marketing, or catching up on unpaid bills, rents, leases, or taxes, etc.
Companies facing a cash-flow squeeze and slow-paying customers often sell their invoices or accounts receivable to specialized companies called factors. The factor advances most of the invoice amount — usually 70% to 90% — after checking out the credit-worthiness of the billed customer. When the bill is paid, the factor remits the balance, minus a transaction (or factoring) fee.
Companies that use factoring like it because they get money quickly rather than waiting the usual 30 or 60 days for payment. After sending an invoice to a factoring firm, a business can have money in its hands within 24 to 48 hours.
Some businesses use factoring to get started. Whereas banks focus on a business’s creditworthiness in considering whether to make a loan, factors look at the financial soundness of a business’s customers. As a result, firms with scant credit history may be able to sell their invoices.
But the service can be costly — several percentage points more than a conventional lender. It was once a controversial source of financing because of its ties to financially fragile companies in the garment industry. A related commonly held impression is that a company uses a factor because it isn’t credit-worthy enough to deal with a bank.
Now billions of dollars in accounts receivable flow through factors each year, many of whom specialize in particular industries such as trucking, construction or health care. Some companies use it to meet cash-flow needs as a stop-gap measure. Others prefer factoring to banks, which often require more paperwork, or other outside investors, who may want a piece of the business.
Factoring isn’t likely to be economical for a firm that sends out thousands of small-denomination invoices, because of the service fees a factor may assess for reviewing each one for risk.
FACTORING LOANS
Small Business Loans For The Cannabis Industry
We provide Cannabis industry related small businesses loans and equity funding. Today, small business loans are unavailable for the Cannabis industry via FDIC Insured banks & credit unions, and that's where our niche lies here at Cannabis Business Funding. In fact, many merchants do not even have bank accounts as there are few banks allowing them to bank the cash. Thus the reason why we have strategically aligned ourselves with banking options for our clients throughout the United States. Until regulations change, a merchants options remain limited when it comes to business loans and credit card processing for companies associated within the Cannabis space/industry.
Our Target Industry - Cannabis Related Businesses
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Short term Small Business Loans up to 3 years...
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Unsecured Small Business loans up to $250,000.00
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These loans are typically un-secured and take place within 5 to 10 days or less in most cases.
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Credit Card Processing available upon request on a case by case basis.
Man kind has repeatedly prohibited the use of certain
items throughout history, but few prohibited things have
had such a profound impact on man kind's existence as
Cannabis has once they became unregulated...
HOW DID MARIJUANA BECOME ILLEGAL IN THE FIRST PLACE?
That is an excellent question. Now that many politicians
and the public are taking a more objective look at marijuana,
many are asking about the legal history of marijuana and
how it ended up in the category of drugs deemed most
dangerous by the federal government.
One day we will wake up and the "stigma" on this product will of been removed, not unlike alcohol, and that's when big business will enter the market, but until that point, we here at CANNABIS BUSINESS FUNDING plan on capitalizing on the early stages of the Cannabis, Marijuana space.
Our regional headquarters here in Portland Oregon places us strategically "local" for all intents and purposes, thus allowing to do business face-to--face and this is still the best foundation for successful partnerships.
Cannabis Business Funding seeks West Coast Investors headquartered in Oregon & Washington, where we as a company can work as local partners so to speak and with colleagues within our management team.
Cannabis Business Funding provides small business loans that not only allow the merchant immediate working capital or venture capital in some cases but ongoing support and guidance along the way as part of the merchants board so that the merchants ship is always headed toward the proper port with plenty of "financial fuel and tenure" guiding the merchants route along the way.
Cannabis Business Funding provides Small Business Loans as Debt Financing
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Looking for a Working Capital Business loan, - Contact us
Phone: (657)234-7505
E-mail: trgcapitalfunding@gmail.com
Thank you for visiting our website. Many of today’s small business owners use their cash on-hand to reinvest in their day-to-day operations. With a working capital loan from TGR Capital Group, you can have extra cash to do even more. Whether it’s expanding or improving your current business, investing in advertising, or tying-up existing “loose ends” like taxes or outstanding debt, the extra cash can be just the solution you need. You can get funded $500,000 in as few as 5 - 7 days. If you are experiencing issues gaining access to the capital that you need to start a business, maintain a business or grow a business, then you have landed on the right website. We are the experts and have the knowledge and resources needed to successfully acquire the financing that you need to move forward with you business plan or your time and we look forward to working with you.
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