In The News
eQcho Capital is a cannabis funding company providing a myriad of financial services for companies, and individuals, in the cannabis, hemp and CBD markets.
May 15, 2020
Impact of Covid-19 on the Loan Industry
In eQcho Capital’s cannabis news, The Coronavirus has changed almost all aspects of everyday life. From the closure of public schools which had over 50 million children in attendance, to the smaller things such as public parks and hiking trails. Among the uncertainty, we do know one thing; the Coronavirus is not biased — it affects everything. The easiest way to observe this effect is through the GDP, because GDP encapsulates everything; every item sold, every service, every widget produced…
February 21, 2020
Internal Rate of Return (IRR) vs Cost of Funds
The cannabis industry in the US is at a stage where FDIC insured banks just aren’t willing to lend in the space. If you’ve had any experience in the industry, you likely know that loan rates in the industry just can’t compete with traditional bank rates. This is due to:
- Cannabis being federally illegal
- The risk of the bank losing FDIC insurance
- Cannabis industry participants only have a choice between giving up equity in their company, and debt financing…
January 28, 2020
Cannabis Investment Bank, eQcho Capital, announces they are a Direct Source of Capital
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…
November 25, 2019
How is Your Credit Score Calculated?
If I told you there was a non-arbitrary, highly complex score that defines your historical financial life, but will also continue to influence your future financial life, wouldn’t you want to know what that score was and optimize it? From applying for a credit card, to qualifying for a mortgage, this score will be one of the most influential factors that determines the terms associated with the terms you can get. This score is your credit score…
November 19, 2019
Financial Solutions Company, eQcho Capital, Announces New Credit Investment Analyst: Jacob McCoy
eQcho Capital is a leading financial solutions company in Vancouver, Washington. eQcho provides clients with a range of business financial services ranging from real estate loans to raising working capital. They would like to announce the hiring of a Credit Investment Analyst, Jacob McCoy.
Having previously worked as a Credit Analyst at Riverview Community Bank, Jacob was responsible for underwriting working capital lines, land development loans, hotel construction, and single-family residential construction. Jacob did this, all the while maintaining relationships with commercial lending customers…
August 30, 2019
Raising Cannabis Capital with eQcho Capital by MJ Bulls Media
After watching great company after great company get their loan applications rejected just because they were in cannabis industry, Robert Kerr could no longer contain his frustration. So he quit his 20 year banking career and formed eQcho Capital to help these great cannabis companies secure loans.
Robert speaks to Dan Humiston about their unique relationship-based approach to lending and all the other services that they provide for their clients…
May 15, 2019
Traditional Banks Won’t Lend to Cannabis Industry Companies, but eQcho Capital Will
With banks ignoring the burgeoning and underbanked $55B ‘weed’ industry because of fickle laws, Robert Kerr created an alternative funding source for it.
As a banker in Portland, it wasn’t unusual for Robert Kerr to field inquiries from dozens of cannabis industry executives. After all, Oregon was the first state to decriminalize possession of small amounts of marijuana and among the first to legalize the sale of it. But as a lender at Opus Bank, he couldn’t give them a penny…