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October 2013
Lenders Report Mostly Good Times for Wineries, Though Selectively
by Paul Franson
As Wine Business Monthly conducted its annual survey of lenders to the wine industry, we found that things are definitely looking up, with the recovery that surfaced last year continuing, along with a projected good harvest. How Are Clients Doing? “Bigger wineries with more professional management and more staying power suffer less impact from cycles,” said Michael A. Silva, senior vice president and group manager for Comerica’s San Francisco Middle Market Group. Comerica foc...
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