date:Jan 29, 2019
allenge lies in securing funding and investment, with many breweries relying on crowdfunding and selling shares to set up their businesses, with high street banks typically reluctant to lend to craft breweries as most do not fit their risk profile, says UHY.
Issuing too many shares to fund company expansion, rather than debt, could see the stake of the original founders diluted away, warns UHY. Most recently, Leeds-based brewery Northern Monk raised 1.5m from 2,161 investors, and East London br