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01-22-2018, 04:53 PM #1
Who Has a Good Connection for Movie Production Loan?
The client is seeking $300,000 to do a low budget children's film.
This film will be for foreign distribution. The distributor will buy the film from the production company for $300,000.
The distributor will execute a contract stating that he'll do so. Payment from the distributor will happen 3-6 months from delivery of the film.
The $300K will cover production costs and loan repayment until then.
Ideally the client would like to have an interest only loan for 12 months and a balloon in the final month.
FICO is above 700.
Please PM me if you know someone who can do this w/out getting into financials & extra crap.
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