Cannabis Equipment Financing

The Wise, Fast & Transparent Solution for your business.
Cannabis Equipment Leasing & Financing Options Up to 100% LTV.
Cannabis Equipment Financing

When your cannabis business needs a certain piece of equipment to get started or reach the next level, a cannabis equipment financing loan or cannabis equipment leasing could be the right move—especially when you don’t have cash on hand to purchase the piece of equipment.


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.

Cannabis Equipment Financing Details

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

Equipment Financing Pros vs Cons



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.

What types of Cannabis 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.
Excellent Rating
5 Star Reviews on Google
5.0 Score on BestCompany

Cannabis Equipment Leasing & Financing Requirements

Annual revenue

Over $120K

Credit Score

Over 550+

Time In business

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


Good Financial and Tradeline History

* Note: These cannabis equipment leasing & financing requirements are based on previous Upwise customers and is just an average.

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.

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 (646) 837-5522.

How to get a Cannabis Equipment Leasing & Financing

We make it easy, simply apply online and we’ll be in touch to go over your options.

Equipment Financing - Apply Now at Upwise Capital


Secure Encryption 2

Safe & Secure

Documents You'll Need to Apply

  • Completed Application
  • Driver’s License
  • Voided Business Check
  • Business Bank Statements (Last 6 Months)
  • Equipment Invoices or List

You may also be requested to provide the following for larger dollar amounts over $100K:

  • Balance sheet
  • Profit & Loss Statements
  • Business Tax Returns
  • Personal Tax Returns
  • Equipment Schedule

*See above for cannabis equipment leasing and financing requirements. 

Cannabis Equipment Leasing

can be used for 
Extraction Equipment.
Processing Equipment.
How to Get a Business Line of Credit

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.  Our cannabis equipment financing team will assist you through every step in the process of getting that equipment your business needs to grow.

Our Awesome Partners