Infinex Ventures, Inc. (OTC Pink: INFX) (PINKSHEETS: INFX) is pleased to announce that its new acquisition, Marijuana Funding, Inc., has secured access to over $100 million in funding to put towards projects looking to expand into the Marijuana Industry. The fund is privately held, and has set aside at least $100 million in an aggressive program geared towards companies in the medical and recreational marijuana business. The fund is specially focused on meeting the challenges faced by companies in this industry. The main focus will be in reducing overhead by providing a means to acquire the real estate where the operations are being run, or to refinance these facilities with more favorable rates. The company has an aggressive program offering from 7.99% to 13% on a 30 year note ranging from $250,000 up to $5,000,000 per site, all with credit scores as low as 650. In addition, the fund is willing to provide money for equipment financing and operating capital, under the right circumstances. The goal for the fund is to help these companies grow. Infinex Ventures has been asked to help find these qualifying companies. In addition, Infinex will be able to leverage its position to either enter into joint venture arrangements with the borrowers or find other strategic alliances with other products it supports.
According to Ron Salem, president of Infinex Ventures, Inc., "This fund will provide us with an incredible launch pad towards building our list of clients. Not only is the fund focused on working with companies in this sector, but they understand the challenges and can see the advantage of getting in while the market is still growing. The fact that borrowers can qualify with a credit score as low as 650 is incredible."
Company has put together a simple application process that can be completed online at their website: www.marijuanafundinginc.com
About Infinex Ventures
Infinex Ventures, Inc. is an holding company that specializes in putting companies from different industries together to create more value for each. These synergistic relationships can take the form of mergers, acquisitions or even the finding of equity cash infusions or loans. Our team of consultants work in various fields and can provide support to companies in the areas of accounting, manufacturing, distribution, sales, marketing and other areas of general management. We have worked with a diverse array of clients in fields that include mining, food and beverages, hospitality, event and stage planning and the cannabis industries. We have recently expanded into the cannabis industry through our relationship with Marijuana Funding Inc.
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SOURCE: Infinex Ventures, Inc.