Cannabis Equipment Financing
We’re Not a Bank, we’re My Pot Guru.
Established in 2014, My Pot Guru is a national source for capital specializing in providing cannabis businesses with no-hassle equipment financing and leasing. Quickly, easily, and at great rates.
Simplicity: My Pot Guru has a simple online form. A Bank will require several years of tax returns and about a hundred other financial documents.
Time: My Pot Guru can give you an answer fast. Banks take weeks.
100% Financing: The bank usually only finances 80% of the equipment, and no soft costs. My Pot Guru will finance 100%, and will also finance soft costs, like delivery, installation, etc. (Lower Upfront Costs)
First Born Not Required: The bank will require cross collateral – your home, your boat, and your kid’s college accounts all get tied up with your loan. My Pot Guru leaves your life – and your kids – alone. No Blanket Liens. No Compensating Balances. My Pot Guru doesn’t loan You Your Own Money!
Freedom: The bank will want you to keep a healthy balance in the bank, and pokes their nose into your debt to equity ratio and other numbers. My Pot Guru doesn’t – we finance your equipment needs, without all the mumbo jumbo. (No Financial Statement Covenants)
Credit Availability: If you borrow from the bank for equipment, you won’t be able to borrow later if an emergency comes up. Using My Pot Guru for equipment purchases means you can still use the bank for emergencies. (Preserve Bank Lines for Working Capital)
No Hidden Charges: Banks love extra fees and nickel and diming you. My Pot Guru doesn’t have time for that. Neither do you.
Fixed Term is Better: Your accountant will tell you – My Pot Guru’s fixed term loan looks better on the balance sheet than a bank’s revolving terms. Oh, and the tax man agrees as well.
No Rate Adjustment: Do you REALLY think rates are going down? No, we don’t either. Which is why My Pot Guru’s fixed terms are better than the bank’s adjustable rates.
No Yearly Re-Qualification: My Pot Guru isn’t going to ask you to re-qualify for the loan annually. The bank will – just read the fine print.
All inquiries for cannabis related equipment financing held in the STRICTEST CONFIDENCE!