Whether your brewery is in start-up mode or is well established
and producing award-winning ales, pilsners or lagers, chances are
at some point your business will need financing. Below are seven
sources for funding your brewery's growth and expansion.
1. Commercial Lenders
Commercial lenders come in many different shapes and sizes. They
range from commercial banks and mutual fund companies to private
lending institutions and other financial groups. Commercial lenders
typically offer loans that are backed by hard collateral such as
real estate.
The benefit from borrowing from a commercial lender is that the
lender will not tell you how to run or manage your business. More
importantly, the lender will not be entitled to any future profits
your business makes. Your business' sole requirement is to pay
back the loan according to the terms of your agreement.
