Travis Kelce and Jason Kelce’s venture.(Image via Getty Images)
As per reports, Patrick Khayat, the co-founder of Durational Capital Management, reflected on the $20 million revolving credit facility that the brand has been able to secure as he said, “We appreciate Tiger’s creativity and partnership to structure a credit facility that leverages the strength of Garage Beer’s brand to support the Company’s growth objectives.
In a press release, Travis Kelce had reflected on his investment in Garage Beer as he said, “It comes down to quality for me…I think everyone knows I like to have a couple beers now and then, so being an owner of Garage Beer and heavily involved in making the best light beer is exciting, man!” Travis Kelce , the Kansas City Chiefs’ top tight end, and his older brother, the former NFL star Jason Kelce, have turned into passionate entrepreneurs in the last few years. Both of them have remained committed to starting multiple ventures and now, their Ohio based Garage Beer brand has made a new financial move.
The former Philadelphia Eagles icon Jason Kelce has also been involved with the brand’s marketing as he said, “I don’t think we should over-complicate it. I think, like I said, when it comes to beer, I think when you’re having fun and you’re being personable, you’re being creative, all the best beer ads I know are fun, creative…” The Kansas City Chiefs’ star player added, “There is nothing better to bring people together than an ice-cold beer, and for Jason and me that is what beer is all about – friends, family and fun.