Greentank Secures Enhanced Asset-Based Facility via Hum Capital

Unlocking Scalable Growth Capital: Greentank Secures Enhanced Asset-Based Facility via Hum Capital

At Hum Capital, we help companies overcome financing constraints by matching them with capital partners that understand their business. Our recent partnership with Greentank, a leading provider of advanced vaporization hardware and technology, demonstrates how the right financing structure can unlock liquidity and support long-term growth.

Expanding Access to Working Capital

Greentank had an existing asset-based lending facility, but a challenging international regulatory environment limited the amount of capital truly available to the business. In particular, the company was unable to fully leverage the value of its U.S.-based assets, restricting access to critical working capital despite continued growth.

As demand for Greentank’s products increased, particularly in the United States, the company sought not just a new source of debt, but a trusted financing partner that could provide greater borrowing availability while recognizing the unique dynamics of the industry.

A Facility Built to Grow Alongside the Business

Through Hum Capital’s Intelligent Marketplace, Greentank secured a $3.5 million asset-based lending facility, inclusive of an accordion feature, that provides additional borrowing capacity as the company continues to grow.

The new structure enables Greentank to:

• Immediately increase borrowing availability based on a broader pool of eligible assets
• Access a facility designed to scale alongside the business
• Improve working capital flexibility to support continued growth
• Better align financing capacity with operational needs

By identifying a financing partner that understood both Greentank’s asset profile and its industry, Hum Capital delivered a solution that provides greater financial flexibility today while supporting the company’s future expansion.

About Greentank 

Greentank is a cutting-edge technology company pioneering atomization and advanced material science across multiple industries including cannabis, nicotine, wellness and more. At the forefront of innovation, Greentank’s Quantum Chip™ technology is engineered to deliver a superior user experience while advancing reduced-risk solutions in the inhalable industry. This groundbreaking heating technology generates optimal particle size distribution and aerosol mass, ensuring exceptional taste and consistency over an extended lifespan. Supported by a robust patent portfolio dating back to 2014, Greentank continues to invest heavily in its fully owned and operated, semiautomated chip manufacturing and R&D facility, driving the future of vaporization products and technology.