Who has fully financed a film or tv project through a lending company?? What are the pros and cons of this avenue of financing. I've always preferred private equity but am broadening my horizons. Tell me your achievements and horror stories.
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Hey Bryan. Looks like we're neighbors, maybe. I have an MBA and know a bit about commercial matters and I'm into documentary now. Funding for a film/video project is, I think, highly variable. It always boils down to who wants to part with money for value received. If you're a big shot producer you can talk to big money people because they have a reasonable assurance they will receive a return on their investment (ROI). But ROI might be in the form of satisfaction or furtherance of a cause. The latter is probably more applicable to documentary and the former could be a basis for funding in your case. I gather you're into animation but I don't know the subjects involved. Asking the question "who would like to see me succeed might be a start. It might be an official funding source (check SC Arts Council or SC Film Commission), maybe a group of you college buddies if they happen to be well off, etc. I hope that's not too basic but I thought I'd reply to your post because it seemed interesting and applicable to my situation. In my opinion money makes things go faster. I can support myself with my business and work on docs on the side but finishing one project will take a while because I'm pretty much a one man band right now. Money for an editor, sound person, assistant producer, etc. would make it all happen much faster.
I haven't. But it seems the cons are it's a loan. If the movie does not make it's money back someone (whoever takes out the loan) must pay it back with interest.