Tony Repanich is the president and CEO of Shield Compliance, LLC. Mr. Repanich leads day-to-day operations and serves as the company’s principal product architect. Having served as a senior executive at a Washington state-based community bank for over 20 years, he has in-depth knowledge of the banking industry and banking requirements for high-risk industries. Today he brings that knowledge to financial institutions serving and considering serving the legal cannabis industry.
The Opportunity In Cannabis Lending
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About the authors
Written by
Tony Repanich
President & CEO
Tony Repanich
President & CEO
Legal cannabis could be poised for growth in the years ahead, driven by industry consolidation, new markets and potential tax reform. While some banks have become comfortable meeting the deposit needs of these businesses, their lending needs are largely provided by private lenders that offer equipment financing and working lines of capital, says Tony Repanich, president and CEO of Shield Compliance. By leveraging customer data and asking for greater borrower equity, banks could step into this niche.
Topics discussed include:
- Financing the Cannabis Supply Chain
- Leveraging Data to Mitigate Credit Risk
- Industry Growth Drivers
WRITTEN BY
Tony Repanich
President & CEO
Tony Repanich is the president and CEO of Shield Compliance, LLC. Mr. Repanich leads day-to-day operations and serves as the company’s principal product architect. Having served as a senior executive at a Washington state-based community bank for over 20 years, he has in-depth knowledge of the banking industry and banking requirements for high-risk industries. Today he brings that knowledge to financial institutions serving and considering serving the legal cannabis industry.