Upon approval, you can expect to receive the capital you need to complete your project in 24 to 72 hours.
EAST LIBERTY FINANCING INCLUDES THE FOLLOWING:
BRIDGE OR INTERIM FINANCING
These loans are provided as an advance on incoming funds to a Production Company from a recognized lender. Bridge/Interim loans provide Producers with a cash flow so they can advance in the development stages of a production (i.e. attaching talent) before their bank loan has closed. These interim loans, or advances, are repaid in full as soon as the bank loan closes along with interest and an established financing fee.
POST PRODUCTION OR COMPLETION LOANS
Also known as finishing funds, completion loans are offered to production companies who have finished principal photography but require additional financing to complete a film.
Acquisition funds provide corporations such as a Sales Agent, or Distributors, the ability to purchase completed projects or projects in the final stages of post-production.
Gap financing refers to loans secured against a film’s projected sales estimates and, in some cases, pre-sales already secured by a Distributor.
TAX CREDIT FINANCING
This is an advance against anticipated Federal and/or Provincial Tax Credits offered as an incentive by various governments looking to support Production in their country. Tax Credit loans are recouped once Tax Credits have been paid out, with the lender receiving interest as well as a financing fee. These funds are typically used to help produce the film.
WORKING CAPITAL LOANS
Working Capital loans are offered to production companies and distribution companies to cover overhead and business expenses related to the selling of a film.
*All financing is subject to lender approval.