The Scotsman has reported some encouraging numbers for the Scotch whisky industry, and explains how lenders are more than happy to back them. This is not surprising given what they report “According to the most recent Scotch Whisky Economic Impact Report, the industry contributes £5.5 billion to the UK economy. Last year, it is estimated, exports grew by 4.4% to more than £4.9bn, with 1.3 billion bottles exported to 180 markets”. For a bank, lending against an appreciating asset would seem to make perfect sense. You can read the article via this link.