Loans on Tap: Sam Adams Launches Lending Program

Categories: News

sammyadams.jpg
Bill Young
Generally, drinking and loan applications do not mix. Generally.
Sam Adams has recently launched "Brewing the Dream," a campaign aimed at providing loans to aspiring food, beverage and hospitality small business start-ups and entrepreneurs.

With a goal to both create and save jobs in a tough industry, Sam Adams is looking to provide opportunity for small-time brewers, chefs and future members of the food industry to put their passions to practical use.

If you live in New England, New York City, Ohio or the Lehigh Valley of Pennsylvania loans of $25,000 are available for current and future food, beverage and hospitality small businesses, so if you were thinking about becoming Houston's next artisan baker, you are out of luck staying local.

samadamsbro.jpg
Caitlinator
Bro! Brewery! Let's grow beards and sell beer!!!
While the larger loans are restricted to the New England area, home brewers nationwide looking to transition drinking with their friends into commercial success can apply for small-business loans to offset accrued costs of starting a new business.

Sam Adams is even offering loan recipients small-business classes and opportunities to meet with company employees for some hands-on training and exposure to inside workings of a successful brewery.

Jim Koch, founder of Sam Adams, started the entire company in his kitchen. Koch is no stranger to the rigors of starting a small business. When he began his brewery, Koch rented a truck, going bar to bar selling and delivering his own brew himself. After 27 years, success, money and an established brand, he wants to help others out, too.

I've never been a huge Sam Adams beer fan. I think the beer is overly pungent and sour, but I have to think that a business model such as this can really give aspiring food-service professionals and brewers a shot at fulfilling their dreams. Everybody has to start somewhere.

There's probably a guy you know who loves brewing beer. He probably has a beard.

Maybe he's the next craft beer brewer and doesn't even know it yet. Or maybe he's a tool and his beer sucks.

Either way, the loan company's website has more information on loan application.

Give it a look, and cheers to the brewers of tomorrow. Take out a loan and get some people drunk already. What could go wrong?



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4 comments
kwik quid
kwik quid

Small business loans  are still hard for commercial borrowers to find, and this requires small business owners to ask how to deal with the situation. There are several reasons that many of us would rather consider another technique when encountered with choices that include firing your banker.

Fast Business Loan
Fast Business Loan

Hello.. There are so many companies available these days who provide the loan to the people who want to start their business. Your post will help many people who want to have money.

payday loans
payday loans

 Actually I do not like beer but I think that Sam Adams is doing a great job for small business.Really, everybody should start somewhere and it's important to get a chance to start.So I think these small business loans can help a lot of people.Also great that it will allow to create new jobs,so a lot o people will be able to find a job and wil get a place to start from.Small business really needs help, support and financing because this field makes a direct influence on the economy and helps to boost it.So even if you do not like beer, you should admit that this beer company is doing pretty good things and give a real help to a small business.

Small Business Loans
Small Business Loans

This is really a great way for start ups in order to get funded especially those on food , beverages and etc. I hope it will all go well.

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