Project Spotlight: Great Divide Brewing Company
When Joe Short joined Bank SNB, he brought his long-standing relationship with Great Divide Brewing Company, a regional craft brewery located in Denver, Colorado. As one of America’s most decorated and celebrated craft breweries, Great Divide has continued to grow since 1994. Bank SNB recently provided financing for Great Divide to support its continued growth, providing financing solutions for a new brewery, existing brewery, and all of its equipment. The brewery also maintains all of its depository accounts and treasury management services with Bank SNB.
Faced with limited options, Great Divide decided to build a new facility that could support its growth for the next 20 years and introduce its product to the burgeoning canned beer market by installing a canning line. Bank SNB provided financing for the new building and canning line, as well as a working capital line-of-credit, an equipment line-of-credit, and the refinance of its existing brewery. With Phase I of the new expansion completed, Great Divide is now looking ahead to Phase II, which will include the construction of a larger brew house with expanded brewing capacity, a higher volume bottling line, and a restaurant with a beer garden.