New Deal Announcement
Crossroads Financial, a leading provider of inventory financing, has recently provided a $1 Million inventory revolver for the benefit of a premium spirits distiller.
The company was founded in 2013, generating nearly $1 million in sales its first fiscal year. The company currently distributes its products in more than 40 states and is sold in 193 locations throughout the US. Sales have continued to increased during each year as they continue to expand. Crossroads was approached to free up capital tied up in their inventory in order to support the continued expansion of the business.
Working in conjunction with the introducing Factor, the company will be using the funding to increase the number of Brand Ambassadors to increase their sales in new markets.