• MJ.LEASE

    Cannabis Equipment Leasing Nationwide
    A lease may be the best tool to expand your business and stay competitive!

  • Why Lease Cannabis Equipment from MJ.Lease?

    5 good reasons to use MJ.Lease to finance your equipment:

    mj.lease cannabis industry equipment leasing

    Save your equity capital

    Equity financing is the most expensive money you have in your business. It should be used to grow your business by investing in marketing, product development, staffing etc. Don’t use expensive money to finance equipment, use equipment leasing to spread the cost of income producing equipment over time with a small initial investment and affordable monthly payments.

     

     

    Reduce your tax liability - Read More Here

    Structured correctly, you can expense 100% of your monthly lease payment against Cost of Goods, which is in compliance with IRS rule 280e. Download a document regarding tax savings with leasing HERE.

    mj.lease delivery truck leasing

    You decide what equipment you need

    Every purchase decision is in your hands – we do not tell you what to buy or how much to pay for it. We will commit a line of credit to you and you can use it, as you need it. You can even refinance equipment you paid for with that expensive investor money.

     

     

    Speed & Service

    Unlike traditional banks and institutional lenders, we won’t keep you guessing. Our application process is simple and we make quick decisions.

    mj.lease cannabis industry equipment leasing

    Relationship is not a commodity

    We value our relationships with our clients, which is why they stay with us through the different stages of their growth. Our principals are deeply experienced business financiers who can support you as your enterprise morphs and changes in very volatile markets.

  • How Cannabis Equipment Leasing Works

    Here's what we consider when determining if leasing is right for your business:

    1

    Cannabis Companies are all Early Stage

    Very few cannabis companies have been generating revenue for 5 years or more and many, although growing quickly, still must plow their surplus back into growth and continue to generate losses. We take this into account when we assess your business and we understand your industry challenges.

    2

    Equipment Selection

    Not all equipment is considered equal. We place a lot of our decisions on our appraisal of the value of the equipment in a resale market. Not all lessees will be successful and we will likely get some assets back, which we will have to sell. Because of this we specialize in the following types of equipment. See Below.

    3

    Management

    Founders have widely different business backgrounds. On one end you have Harvard MBA’s with extensive business experience & successes and on the other end are “newbies” to the world of finance who have made a good living selling “weed.” Newbies will need to field a team of business pros who insure that financial controls are in place.

    4

    Start-ups

    In general we prefer companies that have been trading for at least 12 months, however we will look at startup operations. Start up businesses must be well financed with sufficient capital to provide a runway to profitability. Deep pocket investors are also very helpful. Personal guaranties from the founders are essential.

    5

    Lease Terms Example

    Equipment:New & Used
    Amount: $300,000 to $3,000,000
    Term: 36 – 52 months
    Origination Fee: 1%
    Security Deposit: Last payment
    Application fee: $5000-$10,000
    End of lease: Fair Market Value Purchase Option: +/- 5%
    Personal Guaranties:
    yes

    • Types of Cannabis Equipment that can be Leased from MJ.Lease

      Click Here to Contact Us with your specific equipment needs

      Types of Equipment We Finance:

      • CO2 Extraction
      • Ethanol Extraction
      • Laboratory Testing
      • Filtration
      • Distillation
      • Packaging
      • Weighing
      • Pre-Roll Production
      • Delivery Vans
      • Food Production
      • Confection Manufacturing
      • Vape Manufacturing 
      mj.lease cannabis industry equipment leasing

      We Do Not Finance:

      • Lighting (the cost of repossession is greater than recovery potential) 
      • Leasehold Improvements
      • HVAC Systems
      • Plumbing and Electrical
      • Cultivation beds & environmental controls
      • Furniture and Fixtures
      • Computers
      • Benches and Beds
      • Highly customized equipment 
    • About MJ Leasing Founders

      MJ.Lease is a California based equipment finance company servicing licensed cannabis businesses nationwide in legal states. Allen Gold and Nicholas Willson, the Co-Founders, are both experienced, senior, asset-based lenders and investment banker. Unlike many lenders, Allen and Nick have spent their careers as entrepreneurs, facing the same types of challenges in financing and operating businesses as you are facing. We have seen or done almost everything in the finance business during our varied careers; turning around ailing companies, advising on mergers or acquisitions, funding start-ups and have 50+ years of combined experience in the leasing and asset-based lending business!

       

      MJ.Lease finances worthy companies that cannot qualify for financing in today’s commercial bank lending environment because of federal banking laws. We don’t evaluate based on traditional measures of profitability and credit history – we focus almost exclusively on the value of the equipment you want or already own.

       

      With local offices in Los Angeles, Santa Barbara and the San Francisco Bay Area, no matter where your business is located you will receive personal attention and service from one of our experienced Principals. We are a small team and we take pride in being agile and responsive. Typically, we can fund an approved transaction within 2-3 weeks from the initial in-person meeting. We can lease equipment to companies with a value of $300,000 up to $3.0 million.

      Allen Gold

      Founder & Co-CEO

      allen@mj.lease

      Allen has over thirty years experience in the Equipment Leasing and Commercial Finance business. Mr. Gold is an innovative and entrepreneurial financial services executive who has specialized in developing leasing and finance products for emerging markets. Mr. Gold was formerly the Chairman, CEO and principal owner of the Ally Group (“Ally”), a diversified asset management and venture investment company, that originated over $1 billion in secured lending transactions and employed 30 professionals.

       

      In 1985, Mr. Gold founded Venturelease, as a division of Ally, one of the first equipment leasing companies to underwrite transactions for early stage venture capital-financed companies in Silicon Valley. In 1991 he founded the Environmental Allies Group of Funds, also a division of Ally that invested in growth-stage environmental technology companies and environmental project finance opportunities. He raised three funds with a total of $50 million in equity and made over 140 leveraged investments. Mr. Gold founded Critical Capital Corporation, a $30 million venture capital fund, licensed by the SBA as a Small Business Investment Company. Sands Brothers, a NYSE investment-banking firm, acquired Mr. Gold’s interest in 2001.

       

      In recent years, Allen has worked in partnership with Mr. Willson (“Nick) on several ventures including an ongoing Asset-Based Lending business lending to small and medium sized businesses.

      Nick Willson

      Founder & Co-CEO

      nick@mj.lease

      Nick is a highly experienced operator, who is also financially sophisticated and academically trained. He is known for being a keen business analyst, and an insightful strategist. During his 35 year career, both in the US and the UK, he has enjoyed success in several different sectors and roles. Mr. Willson has 2 separate Masters degrees, the first in electrical engineering from Oxford University, England, and the second, an MBA from Harvard University Graduate School of Business.

       

      Mr. Willson held senior positions at the international strategy consulting firm, McKinsey & Company, and also the predecessor venture capital firm of APAX Partners, both in London. Since 1990, Nick has been President or CEO of several substantial Silicon Valley companies, including Party America, a chain of stores ultimately sold to Party City, and DEXIS, a dental digital radiography firm, successfully built and then sold by Mr. Willson and his partner in 2005 for cash to Danaher Corporation, a Fortune 200 company.

       

      As an Angel investor with The Angels Forum, a prominent early-stage investing group in Silicon Valley, Mr. Willson has personally invested in approximately 25 high growth companies across several industries, including technology, medical device, retail, distribution and software, with several successful liquidations including Penumbra (IPO) and Taulia (recapitalization). He has evaluated hundreds of business plans, presentation decks and management teams during this period.

       

    • Download Now

      IRS Code 280E: An Impossible Situation

      And how MJ.Leasing has a solution....???

    • Current MJ Cannabis Leasing Projects

      Award winning Cannabis manufacturing company producing vape pens, cartridges and pre-rolls. $1.2 million in equipment (new and refinanced)

      Multi–location Cannabis testing lab. Refinance of all existing equipment and one new facility. $1.0 million.

      Premium Cannabis cultivator selling branded flower product. $1.0 million for delivery vans, CO2 extraction, shredding, packaging, pre-rolling and other equipment (new and refinanced)

      Start-up hemp biomass extraction facility, sole provider in State; ethanol recovery, Pope distillation, Filtration system, freezers. $800,000 in new equipment.

    • Contact Us

      Reach out for a confidential conversation about cannabis equipment leasing today!

      San Francisco Bay Area
      Southern California
      Bay Area: 415-332-3553
      SoCal: 310-883-8374