SMB Lending to the Cannabis Industry: Getting Started and Best Practices
WEBINAR
Tuesday, May 23, 2023 1 PM ET | 60 Minutes
This session is completed. If you would like to inquire about accessing a recording, please fill out the form on this page.
More financial institutions than ever are offering services to the cannabis industry beyond basic banking, and for many of them, lending remains top of mind. With the majority of cannabis operators considered small businesses, the demand for loan products that can provide working capital, are at an absolute premium. Financial institutions have a promising opportunity to fill this need, but they should be armed with the best practices and special considerations around cannabis lending before getting started.
Accordingly, we are hosting “SMB Lending to the Cannabis Industry: Getting Started and Best Practices.” This in-depth, 60-minute virtual presentation, plus Q&A, will cover the fundamentals of offering small business loans to cannabis operators. Topics covered include:
- Fundamentals of cannabis lending
- Risk considerations and mitigation tools
- Types of lending products cannabis operators need
- Collateralization and bankruptcy considerations
- Account monitoring and what to look for
- Pricing strategies
Takeaways
- Copies of all presentation materials
- Access to the full recording of the session
Who Should Attend
- Board members
- CEO
- CFO
- Compliance and risk officers
- Branch operations managers
- Business development teams
- Lending officers
- Marketing and communications teams
Presented By
Stacy Litke
VP, Banking Programs
Green Check Verified
Julie Mott
Director, Program Implementations
Green Check Verified