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eQcho Announces We are a Direct Source of Capital
Published by Robert Kerr
eQcho Capital, an emerging industries loan company, announces they are a Direct Source of Capital
eQcho Capital knows we come as a huge advantage to the cannabis industry due to the majority of eQcho Capital employees coming from banking. Also, our focus is cannabis, hemp and CBD only. eQcho Capital is determined to be the number one small business lender for the cannabis industry.
For more information, send an email to info@eqcho.com
eQcho Capital LLC, a leading financial cannabis solution company in Vancouver, Washington that provides clients with a range of business financial services from purchase order financing, real estate loans, to raising working capital; this week announced they are now a direct source of capital.
Robert, the Managing Partner, says, “When eQcho Capital first started in the cannabis and hemp industry we had about 10 different funding sources. We did standard banking loans including deals in the cannabis, hemp and CBD space. I feel it’s important to state that eQcho Capital is not the same company. Why? We are the only company in the PNW that is only doing cannabis, hemp and CBD loans.”
“Many of our affiliates, investors and borrowers still don’t know our sources of capital has grown… GREATLY!”, Robert said with excitement. Along with our financing arm, which is much stronger. You know a lot of folks don’t recognize we are a direct source of capital. That’s why the number one question borrowers ask is “Are you direct to the source?” The answer, “YES!” We have 50 plus investors and lenders who are actively looking to fund cannabis deals. eQcho Capital is excited about this and we felt it was important to let our network know where we currently stand. We will look at any deal in the cannabis, hemp and CBD industries.
eQcho Capital has direct sources of capital, without brokering. As a direct source of capital, we no longer look to a broker, who is maybe connected to another broker and so on. A broker usually has four to five different companies they fish deals out to. Sometimes, one lender and the rest are other brokers with connections to lenders. We are now the ones offering brokers to be a part of our network. Why? Because we are the gateway to over 50 companies lending money.
Jacob McCoy, our Credit Investment Analyst says that, “From the lenders perspective, it’s about revealing the good and bad of the borrower. By working directly with the borrower, I’m able to develop an Executive Loan Summary (ELS). The ELS is then viewed by the lender, which ultimately aids them in making a quicker decision on the loan.”
Jacob continued with, “I often get compliments on our ELS from our lenders.” Jason, a lender, said “The information on the ELS is thorough and presented in a format unlike any other loan document in the cannabis space. I love the fact the visuals are there as well.”
Jacob finished with, “As a final thought, the idea behind eQcho’s ELS process is to create ease when doing a loan. We do the due diligence so the lender doesn’t have to, plus we assist the borrower in presenting their information in a more complete loan package. Compiling the borrower’s information expedites the lender’s review process, which makes all parties happy.”