Use Cannabis Equipment Financing

Cultivation Equipment.
Harvesting Equipment.
Processing Equipment.
Retail Fixtures.

The Cannabis Industry is growing strong, but still faces many obstacles in terms of financing.  The equipment you need to grow, cultivate, harvest, package and distribute Cannabis, CBD or Hemp products is vital to the success of your business.  This equipment can be expensive and most bank’s won’t provide the financing.

Fortunately, the answer to this question is Upwise, providing the best equipment financing solutions in the cannabis marketplace.  Our cannabis equipment financing team will assist you through every step in the process of getting that equipment your business needs to grow, literally.  

Here’s how equipment financing loans can get you on track to grow your business.

When your Cannabis business needs a certain piece of equipment to get started or reach the next level, a small business equipment loan could be the right move—especially when you don’t have cash on hand to purchase the piece of equipment.  Equipment leases are very similar to auto loans.  

You can use the proceeds of cannabis equipment financing loans to purchase almost any kind of equipment, from lighting and grow room supplies to dispensary POS systems — and everything in between.

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What is Cannabis Equipment Financing?

Cannabis equipment financing helps you finance up to 100% of the new or used equipment you need for your business. Applying for an equipment loan is typically a fast and easy way to finance the purchase of ALL types of cannabis equipment.  Whether you need new agricultural equipment, processing equipment or to equip your dispensary or build your retail store, Upwise can finance it. 

Leverage equity in your owned Equipment

With a secured loan against your equipment, you can take advantage of the equity in your existing equipment, or use newly-purchased equipment as collateral.

Maximum loan amount

Up to 100% of Equipment Value

loan term

1 - 10 Years or Expected Life of Equipment

interest rates

As Low as 4.59%


As Fast As 2 Days



Who Qualifies for Cannabis Equipment Financing?

As it turns out, most businesses can qualify for cannabis equipment financing loans, even start up businesses.  Equipment financing approvals are based on personal and business credit scores, industry type, positive trade history, existing trade lines, Debt Coverage Service Ratio, and the equipment quotes provided by the business owner.

How much you qualify for and the interest rate you’ll pay is determined by the value of that equipment, your business’s financial history, and your credit scores.  

Cannabis or CBD Equipment financing can be a great option if your credit rating is less than perfect, too, since the equipment acts as collateral. You can also leverage existing owned equipment to get a loan using your equipment as the collateral.  

In fact, our underwriting team is just as concerned with what’s securing the loan, as we are with your borrowing history.  The type of equipment you are purchasing is an important aspect in the approval process. 

So, if you’re planning on investing in a high-value (and value-retaining) piece of equipment, then we might be willing to work with you, even if your credit profile and finances are not pristine.  

Our equipment financing team will assist you in finding the right equipment and make sure your approval is custom tailored to fit your business needs.

Most Customers who were approved for Cannabis Equipment Financing had:

**Based on Previous Upwise Clients

Annual revenue

Over $100K

Credit Score

Over 550+

Time in Business

6 Months or More -- Start Up Businesses with Good Credit Encouraged to Apply


Good Financial and
Tradeline History

What Cannabis, Hemp or CBD Equipment can you finance?

Cannabis-cultivation equipment financing
Cultivation Equipment
Greenhousees & Tunnels, Fan Kits, Hydroponic Systems, Marijuana Grow Lights, Irrigation & Watering Supplies, CO2 Generators, Blackout Systems, Cannabis Growing Accessories & More.
cannabis harvesting equipment financing
Harvesting Equipment
Trimmers, Trim Bins, Sifters, Trichome Microscopes & Bowl Trimmers, Drying Racks & Tents, Humidity Control Equipment, Hygrometers, Scales, Curing Jars, Vacuum Sealers & More.
cannabis processing equipment financing
Processing Equipment
Extraction Equipment, Biomass Handling, Cannabis Distillation Systems, Centrifuges, Filtration Equipment, Processing Vessels, Chilling Equipment, Screening Equipment, Edibles Equipment, Drying Equipment & More.
cannabis truck financing
Vehicles & Trucks
Specialty vehicles for advertising and marketing purposes, Armored Vehicles, Transport Vehicles, Farming Trucks & Trailers & More.
cannabis retail fixture financing
Retail Fixtures
Safes & Vaults, Cannabis Pods, Displays, Bud Cabinets, Product Displays, Extract Displays, Signage, Retail Showcases, Counter-top Displays, Custom Made Displays, Retail Supplies, Cash Handling Equipment & More.
Cannabis Supplies
Packaging Supplies, Dispensary Supplies, Display Supplies, Grow Supplies, Cannabis & CBD Accessories & Promotional Products, Label & Tagging Guns, Bags & More.
cannabis business systems financing
Business Systems
POS Systems, Accounting, Advertising, Compliance & Certifications, Database Systems, Dispensary & Therapeutic Treatment Services, Research & Product Development, Tourism & Travel & More.

What does Cannabis Equipment Financing Cost?

With cannabis equipment financing, the most important thing to keep in mind is that it stops you from needing to pay the entire cost of that equipment upfront.  It is just like a lease to own program when financing a car. Instead, you’ll pay it off in regular installments, until you own the equipment outright.

However, because you will be paying interest on financed equipment over a longer period of time, you’ll be paying more total money with an equipment loan than you’d pay if you purchased the equipment outright without financing. The tradeoff is worth it for businesses that can’t afford a large, upfront expense or do not want to deplete their cash flow with such a huge one-off purchase. 

Cannabis equipment financing is a great option for ALL small businesses looking to expand their business.  A variety of different things can be considered equipment financing for a small business, so please make sure to ask your Upwise equipment specialist what items are considered equipment by our underwriting team.

Have questions about equipment financing?

An Example of the Pricing on Cannabis Equipment Financing

Let’s say you have a piece of equipment you’d like to purchase that costs $10K.

Upwise offers to front you the cash to purchase that equipment, but they’ll charge you 12% simple interest over a 3-year (or 36-month) term.

With a 12% APR, your business equipment loans will make it so that your $10K piece of equipment will actually cost you $11,957.15, with a monthly payment of $332.14 over the next 3 years.  

As a business owner, it makes more sense to have a $332.14 monthly expense for the equipment rather than coming out of pocket for $10k upfront.  

Some Questions to Ask Yourself About the Cost

At this point, you need to decide whether or not a business equipment loan is right for you, you’ll have to take a look at your business’s finances and ask yourself whether an equipment financing loan makes sense for your business plans.  

Can you save some money by shelling out $10K upfront for the equipment avoiding interest payments, or will that huge expense hurt your businesses cash flow too much?

And if you can’t afford it now,  should you chose to wait until you are able to save up enough money and buy the equipment later?  

It could mean lost profits, since you could have used that equipment in the meantime by financing it with a business equipment loan!  You have to weigh your opportunity costs.  

Through indecision opportunity is often lost.  Fundamentally, you need to figure out whether the opportunity cost of waiting and saving outweighs the interest payments you’d make to have that equipment right now with an equipment financing loan from Upwise.

Equipment can be considered one of the largest purchases a cannabis business owner makes, in the life cycle of their business. If you plan your business finances well, the right piece of equipment should bring in a lot more revenue for your business, than you are paying in interest for the equipment loan. 

At Upwise we offer equipment financing program with terms ranging between 1 – 8 years.  Most equipment financing lenders only offer up to 5 year terms maximum.

Our Cannabis equipment financing team here at Upwise capital, is here to assist you every step of the way in securing that equipment needed to help your business grow Upwise.  If you have any questions regarding how equipment financing works, please call our team at (917) 444-3959.

Up to 100% of Equipment Value

4.59 % - 16.99 %
Rate is determined by your credit score, business history, & equipment value

Are you Interested? Don’t wait and Apply now!

Upwise Capital offers a number of Equipment Financing Products to help your business grow.

be Prepared

Documents Required for equipment financing

The best strategy to follow before you apply for these loans is to be prepared. The more readily available your documentation is, the faster you’ll move through the process.

The following is a checklist of the most commonly collected documents. It can be very helpful to work with your accountant or tax preparer to gather some of the financial documentation.

Bank Statements

We require at least 3 months of your business bank statements. If showing more gives us a better picture on how your business performs, feel free to send us a full year of statements. You may have more than one business bank account, so please make sure to include these statements for each account.

Personal & Business Tax Returns

Upwise Capital requires the previous 2 years of business and 1 year of your personal income tax returns.

Other Documents

These can include entity and location documents such as business licenses, Articles of Incorporation, commercial leases, or franchise agreements.

Driver's License & Voided Check

To ensure all of your information is correct on the contracts, we require a clear copy of you DL & VC to verify this information.

Equipment quote

Tell us about the equipment your interested in. It can be anything from heavy machinery, trucks, signage, computers, supplies and everything in between.

A lot more than you would think, can be considered equipment. If you are not sure, just ask us!

Provide us a quote or invoice - from the vendor or private party for the equipment you want to purchase.

We empower people to implement ideas & grow

Upwise has the newest ways and options to help you rise and become more successful. 

Let us guide you to make wise decisions.