Creative Capital for Manufacturers
In some ways, capital for your business has never been trickier to come by; yet manufacturers have special opportunities - opportunities that service-based businesses and non-manufacturers do not have- to creatively leverage their assets to unlock capital, even as a start-up or early stage company. Come join SFMade’s Kate Sofis and a panel of experts in an exploration of the conventional and less conventional ways to fund the start-up and early stage growth of an artisanal manufacturer. Learn about how other successful manufacturers have used a combination of asset-based lending (including receivables, purchase order, inventory, equipment, and real estate); socially-responsible private equity; crowd-sourcing; and innovative retail partnerships. Featuring:
Jeff Gustafson – Co-Founder and former CFO of Vetrazzo, successful manufacturer of recycled glass countertops. Jeff successfully raised $7 million of equity through a network of high-net-worth, mission-based, individual investors, along with $2.5 million in state grant funding for new market development and $500k in economic development loans.
Sam Gordon of Oona, a Bay Area design/manufacturer of an innovative smartphone stand, who successfully launched with more than $130K raised on Kickstarter.
Jack Lieberman of Business Capital– An asset-based lending expert specializing in debt and growth capital financing for industrial companies, including financing on accounts receivable, inventory, machinery & equipment, rolling stock and real estate as well as equipment and vendor financing programs.
Harvinder Singh, of Whole Foods, - A Loan Producer Program, that provides low interest loans between $1,000 and $100,000 to small local food manufacturers.