P2Binvestor Signs Funding Deal with Natural Beverage Company Bhakti Chai

P2Binvestor, a Denver-based crowdfunding platform, recently added another Colorado company to its funding portfolio: Boulder-based natural beverage company Bhakti Chai. Founded in 2007, Bhakti Chai offers an array of spice-infused chai beverage products.

P2B

P2Binvestor’s working capital line will provide important support for Bhakti Chai’s expansion plans by bridging the gap in cash flow related to their rapid growth. The funding deal with Bhakti Chai boosters P2Binvestor to over $2 million in new business lines inked in the last two months.

Brook EddyFounder and CEO of Bhakti Chai Brook Eddy stated, “As we continue to see 70% sales growth, cash flow is a challenge. Order growth creates significant up-front costs that can take months to recoup, and P2Binvestor’s financing helps us manage cash flow and continue our robust growth strategy.”

P2Binvestor is a crowdfunding platform that offers working capital loans through a receivables-financing model to companies that meet its underwriting standards. Following a successful Series A round in late 2013, the site began funding companies in January.

Krista Morgan

Co-founder and COO of P2Binvestor Krista Morgan noted, “We are thrilled toworking with Bhakti Chai. We love working with natural food and beverage companies, and we’re especially excited to be funding a great company in our own backyard.”

P2Binvestor addresses the lack of accessible and affordable capital for small and medium businesses that experience slow-paying customers and cash-flow issues due to spikes in sales or growth. The company helps businesses overcome these issues with competitive rates, quick decisions, flexible funding options, and lending lines of up to $5 million.

Bruce Morgan“More and more companies are realizing the inherent advantages of the crowdfunding model,” Bruce Morgan, cofounder and CEO of P2Binvestor, explained. “If you cannot get a bank line with terms that make sense for your business, P2Binvestor can finance your growth until you can.”


Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!

Sponsored Links by DQ Promote

Send this to a friend