Working Capital
Working Capital
Through its affiliate Park Street Financial Services, LLC, Park Street offers early payment solutions to qualified emerging and established alcoholic beverage suppliers.
Frequently Asked Questions
Below you will find a number of questions and answers related to Park Street services. Please feel free to reach out to us for more information by filling out the form located below.
What is working capital financing, and how does it apply to alcoholic beverage brands?
Park Street provides working capital support in the form of early payment advances to invoices generated by Park Street to customers, such as distributors and, in certain instances, retailers. This enables brand owners to have immediate availability of funds to fund growth, meet seasonal liquidity demands, optimize production runs, and support sales and marketing efforts.
How quickly can I access working capital funds once approved?
Once the early payment is approved, it would be reflected in a supplier’s balance account within approximately 1-2 days.
Is the capital you provide tied to distributor receivables or inventory?
Distributor receivables. Only once an order has been invoiced can an early payment request be processed in the Park Street system.
What are the eligibility criteria (revenue, distribution presence, credit history)?
The underwriting process focuses on, among other factors, the quality and liquidity of the assets, the financial and operational stability of the supplier, and the quality and track record of other relevant stakeholders (e.g., producers, distributors, vendors).
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