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Alternative Finance Network Announces $3.15M Sale-Leaseback For Stem Holdings

Denver, CO — June 17, 2021 — Alternative Finance Network (AFN), a leading provider of financing for the cannabis industry led by the Marijuana Money Man, Scott Jordan, announces that it has facilitated a $3.15 million sale-leaseback transaction for an Oregon cultivation property owned by Stem Holdings, Inc. (CSE: STEM and OTCQX: STMH).

Stem Holdings, Inc. is a multi-state, vertically integrated, cannabis company that purchases, improves, leases, operates and invests in properties for use in the production, distribution, and sales of cannabis and cannabis-infused products licensed under the laws of the states of Oregon, Nevada, California, and Oklahoma.

“This transaction demonstrates our ability to assist leading cannabis companies in their search for working capital by using our network to bring together buyers and sellers,” said AFN founder, Scott Jordan. “We look forward to continuing our financing relationship with Driven by Stem as their growth accelerates and to continuing to level the playing field for all cannabis businesses for equal access to capital.”

The sale-leaseback transaction will help finance Stem’s objective of becoming “the first multi-state integrated farm-to-home cultivation and technology omnichannel cannabis company.”

Stem CEO, Adam Berk, commented, “Alternative Finance Network was great to work with. Their deal tenacity and bringing the correct partner to the table was key to getting this transaction to the finish line. We look forward to working with them on future financings”.

The transaction was assisted by John Thompson, Managing Partner, CFO Business Advisors LLC.

Click here: mjbizwire.com

Alternative Finance Network Announces New Lending Partner, Providing Cannabis Real Estate Loans Starting at 5%

High-quality borrowers can apply for historically low rates

DENVER, Colo., April 28, 2021 (SEND2PRESS NEWSWIRE) — Alternative Finance Network (AFN), a leading provider of financing for the cannabis industry led by Marijuana Money Man, Scott Jordan, announces its new lending partner for single-digit real estate loans. The partnership will allow AFN to offer bank-like rates, resulting in real estate loans starting at five percent for high-quality borrowers.

“This is truly a historic moment for the cannabis industry, and we could not be more excited to introduce this partnership that will allow us to deliver real estate loans in the single digits to marijuana businesses,” says Scott Jordan, founder, Alternative Finance Network. “I have been an advocate for over a decade, helping cannabis companies achieve parity within the lending community. Today, we are seeing rates dropping significantly from loans I secured 10 years ago at 40 percent, to an astonishing low mark of mid-single digits. This is a trend I am extremely pleased to see and I am thrilled to be a part of the forward momentum and equality for the cannabis industry.”

Low rates are available for the purchase of cannabis tenanted buildings, dispensaries, warehouses, and more. The loans can provide up to 60 percent loan-to-value for purchases with bank-like rates available in all legal states for well-qualified borrowers.

For more information about real estate loans or other lending options with Alternative Finance Network, visit https://alternativefinancenetwork.com/apply-for-a-loan/.

About Alternative Finance Network

The Alternative Finance Network (AFN) was created by Scott Jordan, the Marijuana Money Man, in 2019 with the mission of providing multiple funding options to cannabis business owners for equipment, real estate, and working capital financing. The AFN network provides access to private lenders, banks, credit unions, and more with vetted capital partners. Please visit  https://alternativefinancenetwork.com/apply-for-a-loan/ to learn more about cannabis financing options.

 

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