Travis Kelce and Jason Kelce’s Garage Beer lands $20 million financing deal as the brothers’ venture prepares to enter new markets

Travis Kelce, the Kansas City Chiefs’ popular tight end, remains unbeatable on the field as he gears up to prepare for Week 5 clash in the next few days. Travis Kelce’s older brother, the former Philadelphia Eagles’ star player Jason Kelce has also been busy as a sports analyst. Amid an impressive season, Travis Kelce and Jason Kelce’s $200 million venture, Garage Beer, has made a new financial move.Travis Kelce and Jason Kelce’s Garage Beer receives $20 million as the company gears up for growthA few hours ago, as per reports, Travis Kelce and his older brother Jason Kelce’s venture, Garage Beer, has received a $20 million revolving line of credit from Tiger Finance.The funds will help the Columbus, Ohio based brand Garage Beer to scale up distribution, introduce new products, and enter new regional markets as it gears up with new offers on their products.Patrick Khayat, co-founder and partner of Durational Capital management, one of the key stakeholders in Garage Beer, 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…”Patrick Khayat, co-founder and partner of Durational Capital management, added, “Tiger Finance is a debt partner that we have collaborated with in the past, and we look forward to furthering the relationship as we expand the Garage Beer line of products and grow into new markets. They are uniquely situated to support consumer brands with creative long-term lending solutions."Andy Cerussi, Senior Managing Director of Tiger Finance.continued, "We are thrilled to have been chosen by Durational and the Company as their preferred financing partner…”Andy Cerussi, Senior Managing Director of Tiger Finance added, “We have the highest confidence in Durational's ability to further the growth and scale of the business and are impressed with the impact the Kelce brothers have had on positively influencing brand awareness."For the unversed, a $20 million revolving line of credit means Tiger Finance has given Garage Beer a flexible pool of up to $20 million that the company can borrow, repay, and borrow again as needed.Neither the Kansas City Chiefs’ tight end Travis Kelce nor his older brother, the former Philadelphia Eagles icon Jason Kelce has reacted to the news as they remain busy with the ongoing season.However, both of them have remained closely associated with the company as Garage Beer has reached a $200 million valuation.Travis Kelce eyes a Super Bowl in possibly his last season on the fieldThe ongoing season seems to be an important one for Travis Kelce as he deals with rumors that this could be his last season on the field.Through four games of the 2026 NFL Season, Kansas City Chiefs tight end Travis Kelce has opened the year with a remarkable performance, recording 16 receptions for 246 yards, two touchdowns, and an impressive 15.4 yards per reception average.Stay updated with the latest Asian Games 2026 news, check the Asian Games medal tally and complete Asian Games schedule.Get the latest Sports News and Live updates. Download the TOI app.