Pelorus Equity Group
Newport Beach, United StatesFounded 2010
About Pelorus Equity Group
Pelorus Equity Group is a cannabis-focused bridge lender providing short-term secured loans for cannabis facility construction, acquisition, and renovation projects.
Key Facts
- 1Originated over $200 million in cannabis real estate loans across multiple US states
- 2Specializes in construction and renovation loans that traditional lenders will not underwrite for cannabis
Frequently Asked Questions
What types of loans does Pelorus offer cannabis companies?
Pelorus provides bridge loans, construction loans, and term loans secured by cannabis real estate, typically ranging from $2M to $50M with 12-36 month terms.
How does Pelorus underwrite cannabis loans?
Pelorus evaluates both real estate collateral value and the borrower's cannabis license strength, market position, and ability to service debt from operations.
More Cannabis Companies in Newport Beach
Products
- Cannabis bridge loans
- Construction financing
Specialties
Cannabis real estate bridge lendingFacility construction financing
Company Details
- Location
- Newport Beach, United States
- Founded
- 2010
- Publicly Traded
- No
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