CBD BUSINESS
INVENTORY FINANCE
CBD Funding as low as 1% per month
Kickfurther funds up to 100% of your inventory costs at flexible payment terms so you don’t pay until you sell. Fund your entire order(s) on Kickfurther through CBD financing each time you need more inventory so you can put your existing capital to work growing your CBD and hemp business without adding debt or giving up equity.
- Often 30% lower cost than alternate lenders & factors
- Quickly fund $5,000,000+ in CBD inventory
- Create a custom payment schedule (1-10 months)
- Fund CBD inventory with no payments until revenue lands
The Growing Potential of CBD and Hemp Businesses
The CBD market is set to experience significant growth, with an expected increase of nearly $30 billion between 2020 and 2025. In just 2021, the industry saw a remarkable 26.21% growth globally. CBD financing helps businesses capitalize on this booming sector. However, since the cultivation, distribution, and sale of all marijuana-related products is still federally prohibited, most traditional lenders are unable to fund CBD businesses.
Funding Obstacles Faced by CBD Businesses
Starting and growing a CBD business can be tough, especially when it comes to acquiring funding. The laws around marijuana products like CBD make it hard to secure traditional loans from banks. Many banks avoid this industry due to federal restrictions, regardless of how good your business plan is.
Funding Options for Your CBD Business
Many entrepreneurs are exploring different ways to secure funding, including CBD business loans and CBD financing options. Alternatives like private lenders, revenue-based financing, crowdfunding, and partnerships have become popular. These options often focus on your ability to generate revenue and repay loans rather than the specifics of your business.
Recognizing these challenges is the first step. There are financing options available; it’s about finding the one that works best for you.
How Does CBD Financing Work?
Scaling a CBD business can be challenging, and raising funds to aid in that growth can be one of the most taxing aspects. Without proper funding, growth can feel impossible—whether it’s expanding your product line, increasing marketing efforts, or bringing on new talent. Without financial backing, you can quickly hit a wall.
Luckily, there are options available. Since traditional lenders typically won’t work with CBD businesses, many entrepreneurs turn to private lenders who specialize in this industry. These lenders are familiar with the unique challenges and risks involved. They offer solutions tailored to the needs of CBD businesses.
Another option is to explore platforms like Kickfurther, the world’s first online inventory funding platform. Kickfurther can help you get the funds you need by paying your manufacturer directly for inventory production. You’re then able to establish customized repayment schedules based on your cash flow. This flexibility helps bridge the gap when conventional financing options aren’t available.
Why Choose Kickfurther for CBD Financing?
Kickfurther offers key benefits that make it easier for CBD businesses to grow without the usual challenges of traditional financing.
Why Kickfurther is the Best Option for CBD Business Financing
No Immediate Repayments
With Kickfurther, you don’t have to repay right away. You only start paying back when your inventory sells. Plus, you can set your repayment schedule based on your cash flow, making it easier to manage your finances.
Non-Dilutive Financing
Kickfurther doesn’t take equity in exchange for funding. This means you keep full control of your business, without giving up ownership or decision-making power.
No Debt
Kickfurther isn’t a loan, so you don’t add debt to your books. Traditional loans can limit your cash flow or access to capital, especially if you’re planning for venture funding or a sale. With Kickfurther, you get the funds you need without the burden of debt.
Quick Access to Capital
When it’s time to pay your suppliers, you need capital fast. Kickfurther can fund your entire inventory order quickly, and once approved, backers fund most deals within a day—often within minutes or hours. This gives you the capital you need, right when you need it.
Kickfurther provides the funding you need to cover one of the largest expenses for CBD businesses—inventory. This lets you free up your cash for other areas of growth, such as product development, marketing, or hiring new staff.
Fund Your CBD Growth with Kickfurther
Access flexible financing options for your CBD business. Explore diverse funding sources and find the best fit for your needs!
Where you've seen us
- Create Your online account Start by creating a free business account with Kickfurther. Upload your business details and begin the process of launching your CBD financing or purchase order financing for hemp. It’s fast and easy to get started.
- Launch Your Deal After setting up your account, provide information about your inventory needs. Whether it’s funding for production or purchasing inventory, Kickfurther connects you with backers who can help fund your CBD or hemp business.
- Get funded within minutes to hours Once approved, our backers can fund your order in just minutes to hours. This means you can access capital fast and move forward with your growth plans without delay.
- Control your payment schedule We pay your manufacturer to produce inventory. Make the introduction and you’re off and running! Outline your expected sales periods for customized payment terms. At the end of each sales period, submit sales reports and pay consignment profit to backers for each item sold.
- Complete and repeat Complete your payment schedule and you’re done! Often once the community knows you, you’re likely to get lower rates on your next raise.
See Who Else We’ve Helped
Frequently asked questions
Not seeing your questions here? Please feel free to reach out!
How does CBD financing work with Kickfurther?
Brands can access funding for new inventory (or can get reimbursed for recently produced goods) from marketplace participants. The marketplace allows brands to access private funding at costs that can improve with each use. Your CBD funding goes directly to your manufacturer for production of goods and you make no payments until you receive and begin selling new inventory.
What is required to get funding with Kickfurther?
You must sell a physical product to get funded on Kickfurther. Your business must be compliant with State and Federal regulations and have an established track record of sales. Kickfurther is for inventory financing so you must have a physical product. Finally, all businesses are subject to approval by the Kickfurther quality team.
How can I create a Kickfurther co-op to use for CBD?
- Launching a Co-Op involves 3 key steps:
- Create a basic profile including information about your business and product line. Once you’ve done this you can go live with an “upcoming Co-Op” profile that users can choose to follow to hear when your Co-Op launches.
- Determine your Co-Op structure using the Kickfurther calculator to determine costs, earnings, and timeline.
- Verify your Credibility Metrics with the Kickfurther team and finalize your Co-Op profile.
How fast will I get funded?
Once approved and the deal goes live, most deals fund within a day (often within minutes to hours), so you’ll never miss another growth opportunity