New York Distilling Company
$300,000 Debt and Equity Financing
The New York Distilling Company (NYDC) is one of the nation's premier craft distilleries. Based in Brooklyn, New York, NYDC sources rye from upstate New York farmers with more than half of it organically grown. The results are high quality gins and rye whiskeys that are filling a niche in distilled spirits and supporting growers in the region including a growing organic grain market.
Financing Purpose & Date:
The April 2017 equity investment is providing working capital for sales and marketing of NYDC's rye whiskey. Debt financing is increasing its whiskey inventory through the purchase of additional rye and aging barrels.