Since 2015 Montegra believes it has funded more cannabis property tenanted loans than any other Colorado based lender. We fund loans on both MMJ grow facilities and on dispensaries. Traditional banks are hesitant to fund loans on any properties with cannabis tenants. Even retail centers with multiple tenants may be disqualified by banks if one of the spaces is operating as a dispensary. We lend from $500,000 up to $6,000,000 on any one cannabis tenanted property. We offer terms of between 6 months up to two years with the Borrower having the option, at their choice, to extend their loan for an additional 6 months or 12 months. Montegra is a “direct” lender, not a loan broker. We have the funds to make our loans and make our decisions in house. We can close quickly and with minimal red tape. There are significant benefits with dealing with a Denver based lender vs an out of state lender. Montegra’s 53-year track record of funding bridge loans is important when it comes to getting the job done.