Your Local Real Estate Professionals

Financing for Winery Operations

Real Estate Acquisition – Buildings – Machinery & Equipment – Working Capital and

certain types of debt refinancing.

How May Funds be Used?

· Purchase and development of land, easements, rights-of-way, buildings, or facilities.

· Business and industrial acquisitions when the loan will keep the business from closing, prevent the loss of employment opportunities, or provide expanded job opportunities.

· Business conversion, enlargement, repair, modernization, or development.

· Purchase of equipment, leasehold improvements, machinery, supplies, or inventory.

What are the Loan Amounts?

The total amount of loans to one borrower must not exceed $10 million, with a loan-to-value of 50- 75% depending on specific compensating factors.

What are the Loan Terms?

The maximum repayment for loans will not exceed 3 years.

What are the Interest Rates?

The interest rate for the loan will be negotiated between the lender and the applicant. Currently the rate is between 9% - 12%, depending on the specific compensating factors.

Who is Park Hill Lending, Inc

Park Hill Lending, established in 2005, is a private commercial lender for borrowers who are on the verge of obtaining conventional financing but are unable to for one reason or another. The borrower or the property may have a minor problem that is causing the bank to be unresponsive, a bank source may be too slow, or perhaps the borrower does not have a good banking source for commercial properties.

As a grower or vintner you have a lot of challenges. Financing doesn't have to be one of them. If you have a transaction that requires debt financing, Park Hill Lending is interested in helping you get the best terms available. If your transaction falls into one of the categories listed below, Park Hill Lending would be interested in working with you to provide loan terms that meet your financial objectives.

- Financing to acquire existing wineries and vineyards

- Loans to refinance existing wineries or vineyards

- Developmental vineyard financing

- Construction loans to build new wineries or enhance existing wineries

- Equipment loans

- Sale/leaseback financing