In the present time, movie or TV shows are the biggest source of entertainment for people. This is the reason by movie production houses are growing day by day all around the country and people in increasing number are attracting toward this industry to make their career in it. If you have recently started a production house and going to make movie but you do not have enough money, then surely you need to search a financier who can fund your movie production. As you are newer to this industry there are few chances to you to get a suitable financier as most of financier prefer or find it beneficial to finance the projects of huge or popular production house. Well, you do not need to worry as there are some lenders which can provide you loan in this condition. There are many entertainment finance companies which are dedicated to provide entertainment loan options including short term loans. Below mentioned are some popular loans are offered by such lenders.
Production finance – when producing a movie or TV shows you necessarily need someone who can fund the production expenses. In this situation, lending companies can provide you tailored made loan options to match your need that you use to fund different production expenses.
Contract lending- such type of loan option is there to fund your working capital. Marketing and dispensation of the accomplished project are also financed by lenders. Such type of loans is typically provided on collateral. Collateral may comprised of television license or third party license.
Lines of credit – Deal in funding and fluctuation in the invoice is common with the producers. To meet such condition, lending companies are providing working capital or lines of credit options. Some of the lenders provide custom loan option for such needs. Such loans are provided for the expansion, acquisition, tenant improvement or buying new equipments.
How to get such loans?
When it comes to applying for such loans you have two options either apply for it by visiting the lender’s office or apply online. You can choose one that is convenient for you. First if you need to fill up loan application form where you need to provide information such as type of loan, repayment type, amount and so forth. Once lender made all the checks and finds you suitable for the loan he will provide you with the money. Usually money is transferred in your bank account by the lenders.