The Glasgow Distillery secures £11M debt facility
What's the deal? The Glasgow DistilleryDealroom has a profile for this one. Try Dealroom → has secured an £11m inventory-backed asset-based lending facility, led by ShawbrookDealroom has a profile for this one. Try Dealroom →. The debt facility will refinance existing funding and unlock additional working capital.
What's the endgame? Founded in 2012, the company brought single malt whisky distilling back to Glasgow for the first time in more than a century. Its portfolio now includes the Glasgow 1770 Single Malt, Makar Gin, and Banditti Club Rum.
Why now? As the distillery continued to invest in production, it needed a funding structure better aligned with the long-term nature of whisky maturation. Inventory-backed lending lets it borrow against maturing stock rather than tying up cash.
The signal: Whisky's slow maturation cycle makes cash flow a persistent challenge for distillers. Asset-based lending against inventory offers producers a way to fund growth without diluting ownership — a financing route increasingly common among established spirits makers.
Read more: TheBusinessDesk.com
Image credit: Toukou Sousui 淙穂鶫箜
