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- Specialized mortgage lender REZYFi Inc. is strategically serving the needs of consumers and cannabis-related businesses through an alternative loan financing approach
- The company’s alternative mortgage financing strategy relies on real estate and other assets of the borrowers to secure loans for clients whose financial history or legal revenue base may make them unattractive borrowers for traditional banks
- The cannabis industry has long struggled to secure loans despite its cash-intensive operations because of the federal government’s choice not to recognize the industry
- REZYFi’s strengths as a lender include efficient operations supported by skilled staffing with years of expertise in the industry, , and a supportive network of independent brokers and loan officers
The emergence of the alternative mortgage loan financing market in recent years has made it simpler and easier for consumers to get a mortgage, even with what might be regarded as a past history of poor loan risk decisions. Nevertheless, special challenges remain for cannabis operators.
Florida-based REZYFi is a mortgage loan originator that specializes in market sectors such as cannabis-related operations and alternative loans related to the residential marketplace. The company addresses the needs of both traditional and non-traditional loans consumers and businesses, drawing on the strengths it has cultivated through skilled staffing, the organization of a supportive network of independent brokers and loan officers, (https://cnw.fm/zUQQX).
REZYFi’s operational model specifically sustains cannabis operators where licensed businesses are legally qualified by their state governments, but which are struggling to do business because national drug laws regulated by the federal government create barriers. Banks insured by the federal government have been less likely to take loan risks with client operations not recognized by the federal government, so REZYFi fills a critical marketplace need.
Cannabis operations have seen market booms during the past decade based largely on their state-legal status and their attempts to provide healthful and accessible alternatives to the prescription drug industry. California is one of the leading cannabis-legal states, and one of the largest economies in the world.
REZYFi provides senior loan and project financings to state-legal cannabis businesses and to residential projects that may be related to cannabis businesses. The loans are secured by real estate and other assets of the borrowers “to the extent permitted by applicable laws and regulations governing such borrowers,” according to REZYFi’s website.
For more information, visit the company’s website at www.REZYFi.com.
NOTE TO INVESTORS: The latest news and updates relating to REZYFi are available in the company’s newsroom at https://cnw.fm/REZY
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