BizCap (Business Capital since 2002) structured and secured $10 million in real estate financing for Deerfield Ranch Winery (DRW), an organic winery producing 15,000 cases annually.
Family owned and operated since 1982, DRW is located in Kenwood, CA, with a production facility located on 47-acres with frontage on the Sonoma Highway. The winery and head winemaker, Robert Rex, have won more than 350 awards, including Winemaker of the Year in 2018 from the American Fine Wine Competition. The financing from BizCap allowed Deerfield Ranch Winery to partially recapitalize its balance sheet and provide a stable runway for future growth.
“We have secured many credit facilities for wineries over the past 20 years, and P.J & Robert Rex, owners of DRW, are some of the most dedicated, customer-focused people we have had the pleasure to work with,” Chuck Doyle, president and CEO of BizCap, said. “Their love for the winery and commitment to clients are evident by the quality product and remarkable loyalty demonstrated by their many wine club members and DTC business. BizCap was delighted to play a part in DRW’s drive to the next level, creating innovative new product and customer experience.”
“BizCap did a stellar job in finding us the right financial partner and were tireless in the development and the execution of the package,” Robert Rex said. They were key members of the team it took to accomplish the goal.”
