February 2021 - L3 Funding Blog

What is the Cost to Open a Dispensary?

by Fitz
February 18, 2021August 23, 2021

How Much Does it Cost to Open a Dispensary? Your Marijuana Business Questions, Answered

With the recent spate of marijuana legalization initiatives, several states have now authorized the opening of marijuana dispensaries across the country. In 2014, Oregon approved ballot measure 91, which permitted sales of medicinal marijuana to persons with a doctor’s prescription. In 2017, Oregon put in place a process so that businesses could apply for licenses to sell recreational marijuana.

Interest Rate Factor: What It Is, How to Calculate It & More

by Fitz
February 11, 2021August 27, 2021

What is Rate Factor on Interest?

If you’re seeking funding options for your business, you’ve no doubt come across a few terms, such as rate factor or payment factor. And you’re not alone if you’re asking “what is payment factor” or “what is a factor rate?”Many people may not be familiar with these terms, especially if they haven’t sought business funding before.

To help clear things up, we’ve written this post to explain what these terms actually mean.