date:Jan 29, 2019
ill having to rely on issuing shares through crowdfunding to expand.
Issuing too many shares to fund company expansion, rather than debt, could see the stake of the original founders diluted away. Debt finance also allows companies to deduct interest from any taxable income.
High street banks have been reluctant to lend to craft breweries as most do not fit their risk profile.
However, James Simmonds Head of Drinks at UHY Hacker Young, says that smaller brewers should be able to access asset-