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Renteria Vineyard Management ‘Owns a Building they Love’ thanks to the SBA 504 Program
Experts estimate the global wine market will reach a size of $825 billion by 2030 – and a significant part of that growth will happen due to expanded production in Napa Valley, California. Renteria Vineyard Management is at the forefront of premium wine production. “Renteria Vineyard Management is a full-service vineyard management company,” explains Blanca Wright, its Chief Financial Officer. “We start in the vineyards when the plants wake up all the way until they go to sleep.” With over 2,000 acres under management, the firm will add about 150 more in 2023, reaching 600 employees at peak season. With help from TMC Financing and the SBA 504 Loan Program, Renteria recently acquired a 5,049-square-foot building in the heart of Napa’s wine country for $1.4 million and only 10 percent down payment. “Renteria has been a longtime leasee, but owning was always a goal for them,” explains Anna Rummelein who administered the SBA 504 lo
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