+$5 million in working capital from Community Savings and We Can Capital Community Savings Credit Union – GlobeNewswire – Tue Sep 10, 11:00AM CDT VANCOUVER, BC / Unceded Territories of the Musqueam, Squamish and Tsleil-Waututh Nations, Sept. 10, 2024 (GLOBE NEWSWIRE) — Community Savings, a BC-based credit union, and We Can Capital Inc. are proud to

Community Savings Credit Union February 22, Vancouver / Unceded Territories of the Musqueam, Squamish and Tsleil-Waututh Nations – Community Savings, a BC-based credit union working exclusively with We Can Capital Inc., has introduced an innovative invoice factoring program crafted for British Columbia’s licensed cannabis producers (LPs). This is a first-of-its-kind

Email to British Columbia Licensed Producers: Affordable Accounts Receivable Purchasing Program from Community Savings Credit Union and We Can Capital Inc. We trust this message finds you well. In light of today’s announcement from the BC Liquor Distribution Branch (BCLDB) regarding the indefinite extension of the temporary amendment to 14-day supplier payment terms, we want to emphasize

Groundbreaking Cannabis working capital for legal British Columbian cannabis producers and the financial industry, We Can Capital Inc (WCC) proudly announces its first beta test client, who has embraced a $250,000 CAD accounts receivable purchasing limit from our BC Credit Union funder. This pioneering three-way collaboration marks a historic milestone,

The Canadian cannabis industry has been on a rollercoaster ride since its legalization for both medical and recreational use. Amidst evolving regulations and market dynamics, cannabis businesses in British Columbia (BC) have faced unique financial challenges, including limited access to banking services and the need for significant working capital. Traditional

Pending exclusive Funding partnership announcement: The BC Cannabis industry is on the brink of a monumental transformation, and the buzz is all about the impending announcement at the “Grow Up” Conference in Victoria, BC, on October 1st. We Can Capital Inc (WCC) is gearing up to unveil a groundbreaking funding

Maximizing Working Capital through Early Pay Discounts: In the fast-paced and rapidly evolving landscape of the cannabis industry, optimizing working capital is a top priority for businesses seeking growth and sustainability. One innovative strategy gaining traction is the utilization of factoring to secure working capital, which can then be leveraged

In the world of factoring, businesses often seek financial solutions that provide them with higher advances against their outstanding invoices. Recourse factoring is one such option that offers increased cash flow and flexibility to clients. In this blog, we will explore how recourse factoring can benefit our cannabis clients with

Here is a historical overview of factoring: Factoring, also known as accounts receivable financing or invoice factoring, is a financial practice with a long history dating back to ancient civilizations. It has evolved over time to serve various purposes and has been widely used in different industries. Here is a

Securing financing in the cannabis industry can be a daunting task, with unique challenges that often hinder growth and expansion. However, there is a lifeline available for British Columbia cannabis companies in the form of AR financing. In this blog post, we will explore the difficulties of finding financing in

Enhance liquidity and Affordability for British Columbia’s cannabis industry, managing cash flow and ensuring liquidity is crucial for businesses to sustain growth and navigate the evolving landscape. Accounts receivable financing provides a powerful solution by unlocking the value of outstanding invoices and converting them into immediate cash. However, it is

Qualify for up to $8 Million in working capital limit (if you have the BCLDB Account receivables to support that amount). For Health Canada-licensed cannabis businesses operating in British Columbia, access to working capital liquidity is crucial for sustaining growth, meeting operational demands, and seizing market opportunities. To address this

Overcoming Financing Challenges for BC Bud Co’s: Exploring Factoring as a Strong Solution for BC LPs: In the rapidly evolving Canadian cannabis industry, businesses face unique challenges when it comes to raising debt or giving out equity. Traditional financing options may be limited due to regulatory complexities, market volatility, and

Safeguarding Working Capital and Profitability with “We Can Capital.” Factoring companies that charge rates just below usury thresholds can pose significant risks to your working capital and profitability, We Can Capital offers reasonable discount rates for Cannabis companies in BC. In this post, we explore the potential dangers associated with

Accounts Receivable (AR) financing plays a critical role in supporting the financial needs of Cannabis Licensed Producers (LPs). To maximize its impact on cash flow, affordability, and long-term benefits, it is essential for the discounts offered in AR financing to be in line with traditional Credit Lines and Credit Card

Boosting BC’s Cannabis Industry: The Local and National Benefits of Accounts Receivable Financing for British Columbia Licensed Producers. In the dynamic landscape of the cannabis industry, access to capital is crucial for the growth and success of Licensed Producers (LPs). For British Columbia (BC) LPs, a local Accounts Receivable (AR)

Discover how our innovative approach to factoring rates in the cannabis industry drives financial growth, improves cash flow, and enhances profitability.: In the realm of business financing, securing favourable rates and fees is a crucial factor in optimizing cash flow and profitability. We Can Capital takes a unique approach to

In the ever-evolving landscape of business financing, factoring has emerged as a lifeline for companies across various industries, including the rapidly growing cannabis sector. This blog post explores the concept of factoring, its historical significance, and how it has become an essential financial tool, breathing life into cannabis companies facing

Maximizing Savings and Strengthening Supplier Relationships: Leveraging Early Payment Discounts with We Can Capital. In the realm of business, finding ways to optimize cash flow and build stronger relationships with suppliers is key to long-term success. We Can Capital offers a unique opportunity to not only access working capital in

Fuelling Growth for British Columbia Micro-Licensed Cannabis Companies: Harnessing Factoring to Enhance Working Capital. For smaller cannabis companies operating under a micro-license, achieving rapid sales growth is an exciting accomplishment. However, with increased demand comes the challenge of managing cash flow and working capital. In this blog post, we will

Unparalleled cannabis receivable financing solutions: In the dynamic business landscape, managing cash flow and working capital with  is crucial for sustained growth and success. For businesses of any size, accessing immediate funds through invoice or accounts receivable (A/R) financing can make a significant difference. In this blog post, we will

The cannabis industry in Canada has experienced remarkable growth in recent years, especially in British Columbia, presenting numerous opportunities for Licensed Producers (LPs) to thrive. However, as with any industry, financial challenges can hinder progress. That’s where innovative financial solutions like factoring and accounts receivable (AR) financing come into play.