Film Financing Secrets

September 10, 2008 by admin 

How would you like to raise unlimited amounts of money for your next or first independent or feature film? Wouldn’t you like to learn how to do it risk free without worrying about racking up huge credit card debts? How about doing it without the need for script approval or going through the wringer of the studio system? No telling if you ever will get a paycheck, let alone control your vision.

Let 60 Day Film Financing introduce you to the world of unsecured film financing. Corporate credit. Corporate what? I don’t get it?

Simply put, corporate credit is a method to use your LLC with a 2 year history to purchase an existing corporation with high Paydex Scores and a Dun and Bradstreet profile that shows excellent credit repayment history. In short, what we do is simple. We use your existing LLC to purchase an LLC that has existing credit lines open and that has been put on the shelf for future use. We merge your company with the shelf company. When the merger has been completed, you then have a check of $200k or more that you can use
for your next or first film, at the lowest rates available from any lender within our list of more than 200 banks that will compete against each other to get you the best loan possible.

How does this Work?

We help you fill out a submittal package that we use to buy out the other company. We submit that package along with all other required documentation to the state once the merger is complete within sixty days or less. We then process your credit line and you can pick up you check with all the funds in place and start filming.

What are the minimum requirements to make sure I get approved?

An LLC that has been in existence longer than 2 years and is currently active.

A Credit Score of 680 or Higher

What if I don’t have an LLC or meet the credit requirements?

You can bring in a partner who meets either one of those requirements and we will try and structure it to work, or you can apply at a later time when you can meet either one of those conditions.

What is the Total amount I can Raise using your Services?

As much as you need. We can help you acquire $200k per separate LLC that meets the requirements stated above.

How much does this Cost?

A one time maximum packaging fee of $1,995.00, depending on the loan amount to get the process started and a closing fee of only $15,000.00 for the total transaction, no matter what the loan amount. We get our funds when you get yours!

Is this Legal?

Yes. This is a 100% legal method to obtaining credit lines for your company. If you purchase a company for the purposes of a merger then you are also legally entitled to those companies assets. Including their credit lines.

Do I need to get my script, budget, actors, or project approved by you in advance?

No. That isn’t our role. It’s up to you and your production team to make those decisions. You don’t even have to give us producing credits although a nice Thank You at the end of your film would be great. All you have to do is meet the minimum requirements.

How can you guys offer this kind of loan?

Simply. We work in coordination with lenders and banks that are in the business of loaning money. Because if they don’t then they can’t keep their money circulating. No new investors means less assets for the bank, so in 1975 regulation of shelf or aged corporations stopped being regulated. Hence, no regulation. No issues.

A shelf corporation, also called an aged corporation, is a corporation that has had no activity. It was created and put on the “shelf” to age. This corporation is then later usually sold to someone who would prefer to have an aged corporation rather than a new one. A business entity that is created through a process other than incorporation (such as a limited liability company) is simply called a shelf company. Common reasons for buying a shelf corporation include:

To save the time involved in taking the steps to create a new corporation.

To gain the opportunity to bid on contracts. Some jurisdictions require that a company be in business for a certain length of time to have this ability.

To create an appearance of corporate longevity, which may boost investor or consumer confidence.

To gain access to investment capital.

To gain easier access to corporate credit.

How do I get started?

Simple. Call us at 310-621-2737 or send us an email to loans@60dayfilmfinancing.com, and we will get back to you ASAP to help you on your way to filming your next project.

“The War on Film Finance is over!”

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