Craft Brewery Asset Based Lending (ABL)
LVRG Funding, leaders in brewery finance, has strategically partnered with a few very specific asset based lenders and banks who have vast experience in the craft brewery industry, to offer our clients additional solutions to promote brewery growth on a larger scale. Don't go bank to bank searching for a lender who doesn't understand your industry. Deal direct with an entire lending team laser focused on craft breweries and find out why we lead the way.
Credit Type: Line of Credit
Primary Transaction Size: $500,000 to $7.5MM
Asset-based lending (ABL) is a great solution for craft breweries that have needs that are outside the realm of what traditional banks can offer. Whether it’s greater leverage, softer covenants, or more flexibility, asset based structures can be customized to meet the needs of each individual brewery. Asset based lending provides a line of credit based on your breweries eligible:
- Accounts Receivable (A/R)
- Machinery & Equipment
Asset-based lending offers more flexibility than other methods of financing, and is a fast and cost-effective way to obtain working capital. Unlike certain types of structured financial products, with an asset-based lending relationship, you do not have to give up equity in your craft brewery. ABL gives your brewery the flexibility it needs to grow, recapitalize, take advantage of supplier discounts, buyout shareholders, or even to fund payroll. It can increase or decrease based on your current breweries size and needs, and you’ll have daily and weekly access to your line of credit when you request it.
We understand that your business is unique with working capital needs all its own. We will work with you to help determine the best solution to meet your unique situation and particular goals. Our team of brewery finance specialists have experience assisting breweries of all sizes, and we will leverage that knowledge to create a custom solution for you.