Working capital needed to support expansion
With the funds from First West Capital, Central City Brewers now have the ability to further capitalize on the popularity of the craft-beer movement as well as build the market for their line of spirit coolers, Betty’s Iced Tea.
They also have plans to roll out their first spirits, gin and vodka, in September 2014. Brewing high-quality, batch beer is top priority for Darryll Frost, president of Central City Brewers, “The funding we have secured from First West Capital reinforces our ability to grow without compromising the integrity of our products.”
Funding with vision
“I have a lot of trust in the team at First West Capital. They immediately recognized our vision for growth and matched our passion for our business with their entrepreneurial financing expertise,” explains Frost. ”They were able to quickly identify our needs and create a solution that worked – it was a pleasure working with them.”