Expected to be in place next summer
BARDSTOWN, Ky. (Dec. 15, 2015) — The Bardstown Bourbon Company has created an innovative Collaborative Whiskey, Bourbon, and Rye Wholesale Distilling Program that will offer will offer wholesale customers the opportunity to create custom, authentic, Kentucky whiskey products and will also provide comprehensive barrel financing. The program is expected to open next summer.
The program will allow craft distillers and brand owners the opportunity to:
- Work with a team of whiskey experts to create their own authentic and innovative Kentucky whiskey products;
- Benefit from highly competitive wholesale prices
- Ensure consistent, high quality production that can rapidly scale
- Control the future source for their product
- Finance new fill barrel production and aging
- Provide a production location and environment that they can celebrate and promote
“We are very excited to offer a suite of much needed services that we believe will help foster continued innovation and growth in the whiskey industry,” said David Mandell, president & CEO of The Bardstown Bourbon Company.
Bardstown Bourbon Company, in collaboration with Live Oak Bank, the second largest SBA lender in the country, is offering customers comprehensive financing of the purchase price of newly filled barrels with terms of up to 10 years.
“This program is a game changer,” said Daniel Linde, chief fnancial officer. “As the first company to offer a comprehensive barrel financing program for whiskey, we are helping our customers continue to develop and grow their brands, without tying up all of their capital in production.”
The distillery has an initial 1.5 million proof-gallon capacity with barrel storage on its property for up to 185K barrels and is designed to easily expand as production grows.
In addition, The Bardstown Bourbon Company offers a unique environment to showcase customer products. Set on 100 acres of active farmland and adjacent to the Bluegrass Parkway, The Bardstown Bourbon Company and its 37,000 square foot distillery form the gateway to Bardstown, Kentucky, the “Bourbon Capital of the World.”
“This is such an exciting time for bourbon,” explained Steve Nally, Master Distiller of The Bardstown Bourbon Company. “I look forward to working with other distillers and brand owners to make great products. We also look forward to integrating some of these brands into the Bardstown Bourbon Company’s visitor experience, and we will use our facility to highlight and promote their brands.”