Nahmias et Fils

A Moroccan Jewish Fig distillery in Yonkers needed $200,000.00 in working capital and equipment for their fig liquor, whiskey, and bourbon to the next level. With Davina OZ, Lesnick OZ, O3 Management Fund, and Roy Stillman each investing $10,000, we got them most of the way to the $50,000 they needed to leverage another $28,000.00 from 95 other people on the WeFunder platform campaign. If RSOZ wanted to replace either O3 or Stillman, we could if we wanted to take advantage of OZ benefits. We identified some NYS matching funds for machinery and equipment for distilleries.

The distillery was about to access $92,000.00 in EIDL money at 3.5% for 30 years. During the pandemic, which saw some of the markets for the alcohol evaporate, we worked closely with the distillery to turn it into a bottler and distributor of hand sanitizer.