US: Access to financing easing for wine industry, lenders say
US: Access to financing easing for wine industry, lenders say
Apr 23, 2012 6
(NBBJ) - Borrowers in the wine industry have found it easier to access financing in the recovering economy, with industry lending experts citing a warming approach to commercial lending from traditional sources and an uptick in interest for specialty non-bank lending.
That interest in financing – an indicator of business activity and expansion – has been strong in the fine wine sector and among small to medium-sized family wineries, according to Peter Kaufman, co-founder and managing partner of the wine-focused private equity fund Bacchus Capital Management.
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