Financing National Distribution for Young Mountain Tea

Food and Beverage Revolving Line of Credit

Small Business Assets and Growth

Entrepreneur of color
1 Living-wage job created
Business in high-poverty area

In 2013, Raj Vable founded Young Mountain Tea with the goal of selling sustainably-grown teas and creating a more prosperous future for farmers in the Himalayas. Based in Springfield, Oregon, Young Mountain Tea works with a network of 850 farmers across five regions of India and Nepal.

"The aim is to reinvent the Indian tea industry, historically structured around an estate model, and support small-scale tea farms that emphasize quality over quantity and are often farmer-owned.

Young Mountain Tea’s products and its social mission proved popular. As the company experienced success, it needed a creative solution to finance accounts receivable and inventory. This financing would enable Young Mountain Tea to grow their business by supporting new purchase orders with large wholesale customers. A Craft3 revolving line of credit met their needs, provided flexible and affordable capital, and helped them grow their business nationally."

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Craft3 es un prestamista y empleador que ofrece igualdad de oportunidades. NMLS nro. 390159. Completar una solicitud no garantiza la aprobación del préstamo ni la financiación. Craft3 —Número de Identificación del Empleador (EIN) 91-1662698— es una organización sin fines de lucro —501(c)(3)—: todas las donaciones son deducibles de impuestos. Derechos de autor 2023 Craft3. Todos los derechos reservados.