Tiger Finance has provided a $20 million revolving line of credit to Garage Beer, a premium light beer brand.
“We appreciate Tiger’s creativity and partnership to structure a credit facility that leverages the strength of Garage Beer’s brand to support the company’s growth objectives,” Patrick Khayat, co-founder and partner of Durational, said. “Tiger Finance is a debt partner that we have collaborated with in the past, and we look forward to furthering the relationship as we expand the Garage Beer line of products and grow into new markets. They are uniquely situated to support consumer brands with creative long-term lending solutions.”
Andy Cerussi, senior managing director of Tiger Finance, added, “We are thrilled to have been chosen by Durational and the company as their preferred financing partner. We have the highest confidence in Durational’s ability to further the growth and scale of the business and are impressed with impact the Kelce brothers have had on positively influencing brand awareness.”
