The problem of constructing credit score within the hashish trade

Businesses need funding to grow. However, securing funding isn’t as easy as strolling to the local bank. In order to get a loan or line of credit, a company must provide a financial report that shows how trustworthy they are with money. Nobody will lend anything to a stranger. How do you show good credit? Specifically, how does a cannabis business show credit when lending firms avoid the industry?

It boils down to a few steps:

1. Register your company as a separate entity from your personal credit for tax reasons.

– Read the entire article on Forbes.

Comments are closed.