Financing Options for Craft & Micro-Breweries
Throughout the country, craft and micro-breweries continue to grow and expand. Like every specialty industry, breweries have a unique set of equipment and financing needs. Most of the financing requirements of growth-focused craft and micro-breweries fall outside the loan programs offered by traditional lending institutions. That’s why we offer a wide range of alternative financing options for breweries.
Equipment Leasing for Breweries
Purchasing specialized equipment for a brewery can be cost prohibitive. Instead of taking starting out too small or settling for sub-optimal aftermarket equipment, breweries can use equipment leasing to buy what they need. By leasing equipment, craft and micro-breweries get the equipment they need at affordable monthly installments, retain control of the equipment, and generally take ownership after the lease ends. New and used equipment can be financed.
Purchase Order Financing for Brewery Growth
For many breweries, accumulating the capital necessary to reach new markets or fulfill large customer orders can be a challenge. Purchase order financing provides a the capital to cover vendor costsinvolved in large and unexpected orders. The financing cost is rolled into the invoice for the order, and the difference is delivered as cash to the brewery. Purchase order finance eliminates the capital pressure that comes with large orders, allowing breweries to achieve rapid organic growth.
Unsecured Business Lines of Credit
When starting up a craft or micro-brewery, entrepreneurs need a reliable source of working capital for small purchases. Unsecured business lines of credit are available for new and small businesses, so brewers do not have to put up any collateral to bolster their purchasing power.
Real Estate Financing for Brewery Property Acquisitions
Successful breweries often outgrow their initial leased space and look to purchase property. Loans guaranteed by the Small Business Administration can be excellent options. Maturities go out to 25 years. We work with several lenders that specialize in financing these types of owner-occupied properties.
Accounts Receivable Financing
Customers who order in bulk from breweries usually take 30 days or longer to pay. Waiting for customers to pay places a strain on cash flow. Accounts receivable financing turns open invoices to cash within 24 hours to correct and prevent cash flow issues, and reduce the reliance on debt-based financing.
At Speritas Capital Partners, we specialize in financing solutions for craft and micro-breweries throughout the country. Contact our offices today and put our expertise to work for your business.