Stoke Inventory Partners
Stoke is a FinTech company that offers modern trade and finance solutions for the cannabis industry. Stoke supports clients from all parts of the cannabis supply chain, providing working capital solutions from seed to sale. Their lifecycle approach to lending means they are in the business of helping companies thrive. They offer working capital, trade finance, and equipment finance, ABLs and other financial products. They create individualized solutions to suit their clients’ needs which stems from a deep understanding the challenges of the cannabis industry. They are a data driven organization and have established a low-cost framework to aggregate industry and proprietary data in order to make efficient decisions and reduce risks throughout the customer lifecycle. This ‘early warning’ system has been used successfully to reduce lending exposure in advance of an eventual bankruptcy we predicted, and conversely highlight when a company may warrant a higher credit limit based on strong performance, before they request it.