BizCap, a commercial finance firm established in 2002, helped Quady Winery, a family-owned operation in Central Valley, CA, secure an $11 million term loan and a $6 million line of credit to recapitalize and refuel future strategic growth initiatives.
“Having experienced rapid growth in prior years, financing challenges in 2023 forced our winery to look for new financing. BizCap responded by connecting us with several new bank financing options, which we could not have found on our own,” Laurel Quady, co-owner and chief financial officer of Quady Winery, said. “BizCap has an outstanding team, patient and knowledgeable and a pleasure to work with. Working with the key executives of our new bank for the past several months, we feel this choice could not have been better for us.”
“Working with Laurel and Andy Quady, as well as the whole Quady team, was like working with a winning NASCAR racing team! 110% impressive from start to finish, very reliable, dependable and passionate about their business,” Chuck Doyle, president and CEO of BizCap, said. “Banks quickly learned the Quady’s are outstanding citizens and why Quady Winery and their team would be excellent custodians of the bank’s capital. I can’t emphasize enough what a pleasure it was to assist in securing the best cost of capital and structure for Quady Winery.”
