A love of beer is just one of the many requirements for operating a startup brewery, since brewing and drinking beer is only part of what you’ll be doing as a brewery owner. You should be aware that much of your time will be spent cleaning, as well as managing your books, sales, vendors and customers, and it may be some time before you can afford to pay yourself a salary—even though you’ll need to put in long hours, including nights and weekends.
Despite all that, most brewery owners say the effect is worth it—and the market outlook is good. According to Mordor Intelligence, the craft beer market is projected to achieve considerable growth from now through 2026, with a forecasted compound annual growth rate of 14.1%.
Having great ingredients and a great recipe are just the start of what you need to brew a product customers will crave; having the right equipment will help you produce the best-tasting craft beer. Relying on old equipment can be a recipe for disaster, since it can affect productivity and product quality, and there is quite a bit of equipment required to get started:
- Fermentation tanks
- Grain handlers
- Brewing kettles
- Bottling and canning lines
- Labeling machines
- Kegs and barrels
- Bottling equipment
Yes, you’ll need to make a significant investment to become a brewery owner, but you don’t have to go it alone. Brewery equipment financing is available to help you purchase the equipment required to get your business up and running.
Financing Options—Even If Your Credit Is Bad
Equipment financing for those with bad credit can be a challenge to obtain, but lease and loan options do exist. Breweries can work with a cosigner or make a larger down payment on an equipment lease or loan to improve their chances of financing approval.
But what if your credit is bad? If you’re an aspiring craft brewer in that situation, you should consider Clear Skies Capital as your strategic partner, because we can get you the funding you need. It’s easy to learn about our minimum requirements, customer service, application process, funding speed, and approval rates—and you’re under no obligation to move forward.
We’ve worked with many business owners who had less than stellar credit, helping them achieve their dream of starting up a brewery with equipment financing designed for their specific situation. As an alternative lender, we enter into every relationship with a mindset to say “yes,” unlike traditional lenders like banks.
Don’t assume your desire to operate a brewery is a no-go because you don’t have the capital to get started. We may be able to help you secure the funds you need to purchase brewery equipment, even if you have less than perfect credit. Contact us so we can discuss different ways to get you the custom financing solution that best suits your business needs.
Want to discuss brewery equipment financing with experts who’ve helped countless owners over the years? Contact Clear Skies Capital at 1-800-230-9822 or visit us online to learn more.