Secured Private Loan Structure Need Insight

[Nicholas Goodwin]

I’m looking for input from private lenders and operators who have experience structuring secured loans for small commercial manufacturing businesses.

Here’s the situation:

I operate a Delaware holding company that owns a licensed cannabis-infused beverage and consumer goods manufacturing operation in Denver. We’re finishing our facility buildout and moving into the production phase. Most of the compliance and inspections are already completed or in final review.

To support scaling production (inventory, packaging, equipment, and initial distribution), I’m evaluating the best way to structure a secured private loan in the $150K–$500K range.

I’m not posting this to solicit funds directly. I’m looking for guidance from people who actively lend or operate in this space so I can understand what terms, collateral, and structures lenders are most comfortable with.

The main questions I’m working through:

• What LTV ranges do private lenders typically prefer when the collateral includes manufacturing equipment and receivables?
• Is an interest-only structure more common, or principal + interest?
• What rates are typical for secured loans backed by physical assets and inventory?
• Do most lenders require a personal guarantee, or is a UCC-1 lien on business assets sufficient?
• For loans in the $150K–$500K range, what term lengths are standard?

Just trying to make sure I structure this the right way before moving forward. Any insight from people who have done these deals or lend in this space would be appreciated.

Thanks in advance.