• Beyond Banks
  • Posts
  • StandardC & FundCanna: Cannabis Lending Partnership

StandardC & FundCanna: Cannabis Lending Partnership

Loan process simplified & capital access broadened

FundCanna, a provider of capital to cannabis businesses, has partnered with StandardC, which offers business identity solutions for the cannabis industry. The partnership aims to empower cannabis businesses by providing greater access to loans and lines of credit.

Securing financing has been challenging for cannabis businesses due to federal regulations. The partnership will provide benefits such as a simplified loan application process, increased access to capital, enhanced risk assessment tools, and streamlined compliance procedures.

The collaboration integrates StandardC's business identity technology with FundCanna's expertise in cannabis finance, streamlining the loan application process and providing innovative and flexible funding solutions.

Our Opinion:

By streamlining the loan process and ensuring compliance, they're unlocking much-needed capital for businesses in this challenging industry.

Moreover, the emphasis on compliance and regulatory adherence is crucial for the long-term sustainability and growth of the cannabis industry. By providing a trustworthy and compliant avenue for lending, FundCanna and StandardC are setting a strong foundation for financial institutions to confidently serve this market.

Lenders, you're only as good as the data you've got. And it would be best if you weren’t settling for second best.

Cobalt Intelligence is a data provider that can give you real-time Secretary of State data directly reflecting the current official records.

Our service also includes a comprehensive database storing cached data, updated regularly for approximately 70% of U.S. businesses, including data from all major states.

Real-time data for current accuracy or cached data for speed and efficiency?

We give you the power to choose what works best for you, allowing for more informed decision-making processes.

Headlines You Don’t Want to Miss

Integra Consumer Lending expands its operations with the strategic acquisition of Aztec Pawn in Phoenix, enhancing its pawn division's geographic reach and market leverage.

PrimeLending boasts industry excellence with over 80 loan originators honored by top industry sources, underscoring the firm's commitment to quality service.

American Heritage Credit Union earns CUNA's coveted Diamond Award for exceptional marketing and community-focused initiatives, highlighting its commitment to accessible lending.

KeyBank and a fair-lending advocate rekindle partnership to support underserved communities through homeownership, small business, and wealth-building initiatives, expanding on a previous $16.5 billion poverty alleviation plan.

Get Free Access to our Cobalt Modern Underwriter GPT

Get Free Access to our Alternative Funding Expert GPT

Get Free Access to our AI Credit Risk Tool

Create an account to Get Free Access to our Secretary of State AI Tool

Subscribe on our YouTube Channel here

See us on LinkedIn