Distillery Equipment Financing
Simple application. Simple process.
Fast, dependable distillery equipment financing: That’s the spirit.
Distilled spirits have been popular in the U.S. for centuries. Brandy, gin, whisky, and bourbon have long been staples in bars, pubs, restaurants, and American homes. If you own a distillery, you know how capital-intensive it can be, especially regarding equipment. Fermenters, stills, mills, tanks, and packaging equipment are expensive. That is where Balboa Capital might be able to help. We are a top-rated business lender that offers distillery equipment financing, which does not require the considerable cash outlay of a large one-time purchase.
When you finance distillery equipment, you make predictable monthly payments over a set time frame. Your distillery’s existing cash and line of credit can remain free for other business expenses and growth opportunities. So, if you are looking for a flexible financing option that can be used to overcome budget limitations, you can find it at Balboa Capital.
- Application-only for hard collateral up to $500,000
- Application-only for soft collateral up to $350,000
- If approved, same-day funding is available
- Easy online application
- One-hour approval decisions during regular business hours
- Flexible terms available
- Competitive rates
Equipment financing in 3 easy steps.
-
Submit a simple online application.
-
Get a prompt decision during our normal business hours.
-
If your application is approved, funds will be provided fast.
What we look for.
Minimum of one year in business
$100,000+ in annual revenue
FICO® score of 620 or more
These are some of our minimum lending requirements, and meeting them does not constitute approval.
Should you apply for equipment financing, additional lending criteria will determine if you qualify.
Financing helps preserve cash flow and might offer a tax write-off.
As mentioned earlier, a craft distillery business can be costly. Rental property, licenses, permits, insurance, payroll, marketing, and packaging can all add up fast. And depending on how much you produce, you might need additional warehousing space for your distilled spirits to age and mature. So, managing your cash flow is essential. Preservation of cash flow is a key benefit of equipment financing. In addition, certain types of distillery equipment may qualify for the Section 179 tax deduction, so discuss this with your accountant.
Balboa Capital offers funding to finance new and used distillery equipment. We make the process simple, too. Our online application takes just a few minutes to complete; it only asks for basic information about you and your business. You will work with the same Balboa Capital account manager at each step, allowing a more personalized customer experience. We welcome the opportunity to serve you, so apply now.
Reasons to choose Balboa Capital.
Bank-owned business lender
Over $8 billion funded nationwide
Simple, quick process
Helpful links for distillery business owners.
Why your business should sell online
An online store is a great way to boost sales.
Business trademark guide
Learn what a trademark is, and how to apply for one.
What is the cost of goods sold?
Learn what COGS is, how to calculate it, and more.
