2022 UASIAFF Film Funding Forum
|
Get insight into getting your script, screen play, film or series funded in todays market. G2 Entertainment's Richard Hone discusses their funding models for Live Action Film, Animation, and Television. Steve Longi speaks on the paths for funding and gives priceless information on the road to funding.
After viewing the forum, if you are interested in submitting your content please make sure that it fits the model and genres. The G2 Budget Model for content is as follows:
This opportunity is for those who have been an Official Selection of the UASIAFF and invited content creators only. G2 Entertainment accepts or rejects projects at their own discretion. The UASIAFF is only an aggregator of this information and is not involved in the process other than forwarding verified content to G2 Entertainment. |
|
UASIAFF Film Finance Funding
TMI & Partners Ltd. has recently accepted an offer to become a formal representative for FundingNet, an international private lending group headquartered in Nevis. Through our relationship with FundingNet, TMI and Partners have the ability to offer Borrowers and Project Owner the opportunity to receive 100% funding for their projects with no additional fees or costs, at industry leading lending terms. Having worked with FundingNet as an outside broker for the past several years, TMI is excited about this opportunity as a FundingNet Agent and the additional benefits it allows us to offer our clients.
ABOUT
In 2005, FundingNet developed their “Multiples” private lending platform that revolutionized how projects could be funded. Lending primarily to retail lenders, and originally focusing on the real estate development market, they have been able to bring remarkably low rates/costs to the business of borrowing. Combined with an approval process that follows simple yet logical assessment procedures, their lending programs have facilitated loans for many businesses that would never have been approved through conventional processes.
They are versatile – they fund projects in a multitude of verticals, such as Real Estate, Mining, Oil & Gas, Film & Entertainment, and Infrastructure. They are Global – they bank on every continent and can facilitate deals in multiple currencies. They are creative – where most find problems, they find solutions. If there is a way to make it work, they will find it for you.
Project Range: $5 million to $5 Billion.
Number of Projects Funded: Over 350
Total Funding to date: Over $18 Billion
Current Portfolio: Over $6 Billion
Head Office: Nevis
“Project Managers” who are Globally situated to serve your needs:
With FundingNet’s lender/investor programs, your “initial funds” either remain in your own bank account if the amount is $10M USD/Euros or more and you bank with a “top Tier” Bank in an acceptable jurisdiction or in your own designated account, if less than $10M USD/Euros, at the Assigned “safe keeping” Bank. This account is 100% insured. You, the borrower will be contacted by the Banker to handle the setting up of the account at the beginning of your loan deal.
THE CHALLENGE/OPPORTUNITY
The challenge for any borrower then becomes determining whether they can operate within the world of Private Lending as opposed to a “Retail Experience,” which is structured to offer you the standard website storyboard with a typical marketing pitch. FundingNet, will never “audition” for your business, and the references you would typically see from a retail lender is not something that they will provide for ethics and confidentiality reasons.
This is precisely why they go to great lengths to make sure that you are never placed at any risk within any of their programs. Furthermore, they have a stringent yet straightforward set of protocols that must be followed in order for them to clear their own Compliance requirements in order for you to secure your loan; it is solely up to you whether you wish to follow those steps and complete a deal successfully.
LOAN / INVESTMENT PROGRAMS
ABOUT
In 2005, FundingNet developed their “Multiples” private lending platform that revolutionized how projects could be funded. Lending primarily to retail lenders, and originally focusing on the real estate development market, they have been able to bring remarkably low rates/costs to the business of borrowing. Combined with an approval process that follows simple yet logical assessment procedures, their lending programs have facilitated loans for many businesses that would never have been approved through conventional processes.
They are versatile – they fund projects in a multitude of verticals, such as Real Estate, Mining, Oil & Gas, Film & Entertainment, and Infrastructure. They are Global – they bank on every continent and can facilitate deals in multiple currencies. They are creative – where most find problems, they find solutions. If there is a way to make it work, they will find it for you.
Project Range: $5 million to $5 Billion.
Number of Projects Funded: Over 350
Total Funding to date: Over $18 Billion
Current Portfolio: Over $6 Billion
Head Office: Nevis
“Project Managers” who are Globally situated to serve your needs:
- Toronto, Canada Vancouver, Canada Calgary, Canada
- New York, USA Los Angeles, USA Las Vegas, USA Miami, USA
- London, UK Geneva, Switzerland Zurich, Switzerland Berlin
- Germany Sydney, Australia Dubai, UAE Singapore Hong Kong, China
- Barbados, St Lucia, Cayman Islands
With FundingNet’s lender/investor programs, your “initial funds” either remain in your own bank account if the amount is $10M USD/Euros or more and you bank with a “top Tier” Bank in an acceptable jurisdiction or in your own designated account, if less than $10M USD/Euros, at the Assigned “safe keeping” Bank. This account is 100% insured. You, the borrower will be contacted by the Banker to handle the setting up of the account at the beginning of your loan deal.
THE CHALLENGE/OPPORTUNITY
The challenge for any borrower then becomes determining whether they can operate within the world of Private Lending as opposed to a “Retail Experience,” which is structured to offer you the standard website storyboard with a typical marketing pitch. FundingNet, will never “audition” for your business, and the references you would typically see from a retail lender is not something that they will provide for ethics and confidentiality reasons.
This is precisely why they go to great lengths to make sure that you are never placed at any risk within any of their programs. Furthermore, they have a stringent yet straightforward set of protocols that must be followed in order for them to clear their own Compliance requirements in order for you to secure your loan; it is solely up to you whether you wish to follow those steps and complete a deal successfully.
LOAN / INVESTMENT PROGRAMS
|
|
Asset Backed Bank Line of Credit Program
The Asset Backed Bank Line of Credit (LOC) Program is a Systematized Process designed to bring a Project Owner and Our Investor together to realize the completion of a project. This program was introduced in May 2020 and allows a client to borrow from and work directly with their own bank. Too often project owners are faced with the old situation of “Which Comes First, The Chicken or The Egg”. Our Investor is looking for projects that are profitable and at low risk. They are looking to facilitate a Project owner’s ability to receive a Credit Line from their Bank, for projects that are well thought out and can make their loan payment. Well, the Asset Backed Bank Line of Credit (LOC) Program allows both participating parties to develop that working relationship.
To participate in this program, the client will need to have:
With such a relationship in place, our Investor will work with the client and their bank to set up a dedicated credit line that will be underwritten IN FULL by our Investor’s assets. This credit line would be set up in an amount greater than that required to fund the client project, to ensure enough funds will always be available, and to afford funds to our Investor to put to work in other programs to fully mitigate their risk in the venture. The amount of pledged assets they require to set up the credit line, will be provided to the Client’s lender by our investor, either through a bank instrument to be issued from the lending group’s own corresponding bank in the banking jurisdiction where our Investor’s gold is vaulted, an asset pledge of gold bullion from our Investor’s gold holdings, or an SKR (safekeeping receipt) issued by Brinks, that is fully backed by our Investor’s gold holdings with them. Our Investor can pledge the assets to them in whichever of these three methods the bank prefers.
When our Investor and your bank come to an agreement to move forward, their banking team works with your bank to set up the credit line. They will paper the deal so that it is clear that your project is responsible for servicing only the portion of the credit line the project has used, and our Investor is responsible for servicing any remaining balance. But it is always our Investor’s assets that entirely back the credit line principal 100%. Once the bank has issued a “soft” confirmation that they can provide the credit line (assuming of course that the asset meets their requirements and all of their Due Diligence requirements), Our Investor will require that the client go through their standard application and risk assessment protocols; as our Investor’s banking teams work with your bank to set up the Line of Credit, their team will be working with you to process your application and set up all loan agreements.
Here are the following Initial Requirements:
To participate in this program, the client will need to have:
- a project ready to execute that requires a minimum of $5M in funding, and
- a banking relationship with a lender that can execute a credit line backed by assets.
With such a relationship in place, our Investor will work with the client and their bank to set up a dedicated credit line that will be underwritten IN FULL by our Investor’s assets. This credit line would be set up in an amount greater than that required to fund the client project, to ensure enough funds will always be available, and to afford funds to our Investor to put to work in other programs to fully mitigate their risk in the venture. The amount of pledged assets they require to set up the credit line, will be provided to the Client’s lender by our investor, either through a bank instrument to be issued from the lending group’s own corresponding bank in the banking jurisdiction where our Investor’s gold is vaulted, an asset pledge of gold bullion from our Investor’s gold holdings, or an SKR (safekeeping receipt) issued by Brinks, that is fully backed by our Investor’s gold holdings with them. Our Investor can pledge the assets to them in whichever of these three methods the bank prefers.
When our Investor and your bank come to an agreement to move forward, their banking team works with your bank to set up the credit line. They will paper the deal so that it is clear that your project is responsible for servicing only the portion of the credit line the project has used, and our Investor is responsible for servicing any remaining balance. But it is always our Investor’s assets that entirely back the credit line principal 100%. Once the bank has issued a “soft” confirmation that they can provide the credit line (assuming of course that the asset meets their requirements and all of their Due Diligence requirements), Our Investor will require that the client go through their standard application and risk assessment protocols; as our Investor’s banking teams work with your bank to set up the Line of Credit, their team will be working with you to process your application and set up all loan agreements.
Here are the following Initial Requirements:
- Applicant must have a written verifiable relationship with their Bank
- Applicant must have an attorney and submit a letter stating so.
- Project Outline
- Budget Top Sheet
- Project/Production Schedule
- Funds Draw-down Schedule
SBLC 100% Funding Program
The Standby Letter of Credit (SBLC) 100% Funding Program is a systematic process designed to fully finance 100% of the participating project. It requires that you (the borrower) have a relationship with a bank or financial institution, either yourself or through a family office or hedge fund, capable of receiving and monetizing a cash backed Standby Letter of Credit (SBLC) from one of Our Lender’s tier 1 banking partners (HSBC UK or New York, or Barclays UK). Your bank would need to receive and monetize their Standby Letter of Credit (SBLC), which would be of sufficient size to yield a monetized profit of at least twice the budget of the project. This Program is only offered to projects with budgets in excess of $25M and has specific requirements of the borrower’s bank. Under this program Our lender’s bank would issue the cash backed Standby Letter of Credit (SBLC) to the borrower’s bank, who would receive and monetize the instrument.
The primary benefit to your project is the ability to be funded IN FULL without bringing any money or additional investors of your own to the project. It simply requires a relationship with a banker who is experienced in the world of trading/purchasing bank instruments with the sophistication to understand and complete the transaction. That bank MUST HAVE the full capability to monetize that bank instrument.
There are two possible options with this program, which the bank (or their hedge fund/family office client) would then offer our Lender. Follow the link to find out.
TMI Initial Requirements and Expectations
The primary benefit to your project is the ability to be funded IN FULL without bringing any money or additional investors of your own to the project. It simply requires a relationship with a banker who is experienced in the world of trading/purchasing bank instruments with the sophistication to understand and complete the transaction. That bank MUST HAVE the full capability to monetize that bank instrument.
There are two possible options with this program, which the bank (or their hedge fund/family office client) would then offer our Lender. Follow the link to find out.
TMI Initial Requirements and Expectations
- Global projects can be submitted.
- Project Outline/Budget Top Sheet/Draw Schedule
- Minimum initial project amount is $25M USD – no maximum.
- The project is then funded per a monthly draw down schedule that is agreed to by both parties (Our Lender’s insurer) as part of the Loan Contract.
- Projects are completed as per the schedule, and the client may execute any of 4 Repayment options, at their sole discretion.
Live Q & A:
Click the Learn More Tabs Above to start the process
|
|
