Illinois Banking, Payments and Lending Solutions

Abaca is the comprehensive cannabis financial platform for Illinois cannabis businesses. From checking accounts to payments to managing cash to lending and more, Abaca delivers. Abaca gives you access to “brick-and-mortar” banking with a sophisticated technology stack. That means you get cost-effective, fully compliant, digital-first cannabis banking. If you’re an Illinois cannabis or hemp business seeking 420-friendly banking served up by an attentive, responsive team, then you’ve arrived. Stay connected with Abaca and learn more about safe, compliant cannabis banking solutions.

Discover Cannabis Banking With Abaca

  • Get a secured business bank account in your company’s name with one of our partner banks
  • Pay vendors and get paid electronically – throughout Illinois and the U.S.
  • Connect to merchant services enabling electronic B2B and retail transactions
  • Access cannabis lending solutions for equipment financing, real estate and more
  • Simple, yet powerful, online account dashboard
  • Set transaction alerts to streamline workflows
  • Reduce financial compliance costs

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Cannabis Banking

How Does Abaca Deliver Illinois Cannabis Banking?

Abaca works just like getting a normal bank account for your business, but with additional due diligence to address the heightened compliance standards placed on Illinois banking cannabis businesses.

We’ve partnered with local and regional banks, keeping the money at home and giving you a simple and secure banking solution.

You have a cannabis bank account in your company’s name – no pooled resources! And, you enjoy all the privileges you’d expect – online banking, checkwriting, and full FDIC insurance of your deposits.

Cannabis Payments and Lending

Abaca Delivers Illinois Cannabis Payments and Lending, Too

Abaca isn’t just cannabis bank accounts; it’s the comprehensive cannabis financial platform. When you need capital to develop or grow your cannabis business, Abaca delivers access to lenders for real estate, equipment, and inventory financing needs. Our e-banking technology provides tools for electronic management of finances, payroll, bill payments, and a host of other financial services. Further, the Abaca digital solution affords your customers — whether businesses or consumers — simple, instantaneous e-payment options that simplify and speed cash flows to your business. When you’re ready for streamlined, secure and stable cannabis financial services, you’re ready for Abaca. Start the conversation now!

Banking | Lending | Payments

For comprehensive cannabis financial services in Ohio, get in touch with the Abaca team today!!
Learn all you need to know about cannabis banking, compiled by our team of experienced experts. Request Abaca’s “Cannabis Banking FAQs”. We answer questions such as: 
  • Will I have a “bricks-and-mortar” cannabis bank?
  • How can Abaca provide cannabis bank accounts when my regular bank cannot?
  • How do I deposit cash in my cannabis bank account?
  • How can I rest assured my cannabis bank account won’t be shut down?

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