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    0 Replies Latest reply on Jan 8, 2013 9:57 PM by Jamie Smith

    How do you get financing for a new wine distribution, liquor distribution and beer distribution business?

    Jamie Smith Wayfarer

      We would like to learn from other experienced wine and beer distributors on how to secure financing and what is needed before you meet banks. Please note that we are looking to get an idea on how much money can a wine, beer or liquor distributor can raise. For example: Their opening inventory is $200,000 and their AR (may be zero or day just $20,000), their AP is $20,000 - how much loan do can this business get only on the inventory and AR? What do banks look for when analyzing the business?

       

      The article is mainly focused on wine distribution, liquor distribution and beer distribution business and assuming they don't have any large brands.