October 13, 2021

Financing National Distribution for Young Mountain Tea

Springfield, Oregon

Financing National Distribution for Young Mountain Tea

As Young Mountain Tea experienced success, it needed a creative solution to finance accounts receivable and inventory. A Craft3 revolving line of credit met their needs, provided flexible and affordable capital, and helped them grow their business nationally.

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.