FILM BRIDGE LENDING

Film loans secured by government tax credits.

Short-duration private credit. Senior secured against a layered collateral stack: tax credits, IP rights, pre-sales, and completion bonds. Typical loan tenor 16 to 26 weeks. Average LTV approximately 15%. You choose every deal.

16 to 26 week loansSenior secured collateralDeal-by-deal control

SEC Rule 506(c). Verified accredited investors only. Past performance is not indicative of future results.

Avg LTV
~15%
book collateral, ex-MGs
Loan tenor
1626
weeks typical
Hard collateral
6.5x
avg coverage, tax credits
Zero losses
0
principal losses to date

Figures as at 26 May 2026. Individual deals vary.

Zero principal losses to date
23 loans fully resolved to date
~15%
average
book collateral, ex-
6.5x
avg hard collateral coverage
tax credits + book collateral
16-26 weeks
typical loan tenor
base term
As at 26 May 2026. Updated quarterly.

RETURNS NOTE

Detailed performance figures are available to verified accredited investors during deal review. Past performance is not indicative of future results.

SEC Rule 506(c). Verified accredited investors only. Past performance is not indicative of future results.

Recent deal activity

Representative deals from recent and current deal flow. Each card carries a coverage badge.

Reading these cards: Coupons are the total contracted return over the loan term, not an annual rate. Because terms are short, the compound annualised equivalent is meaningfully higher. Each card shows both: the total coupon over the Phase I term and the compound annualised IRR equivalent.

REPAID5.7x coverage

Psychological thriller, US

Phase I bridge, senior secured · repaid Q1 2026

LTV
17.5%
Bridge
$350K
Coverage
5.7x

Compound annualised IRR. Realised coupon 20% over 20 weeks. To be confirmed by client.

ACTIVE10.9x coverage

Drama feature, Canada

Phase I bridge, senior secured · active

LTV
9.2%
Bridge
$250K
Coverage
10.9x

Target return subject to borrower performance. Phase II fees apply only if extension is triggered.

OPEN5-8x coverage

Streamer limited series, US

Phase I bridge, senior secured · targeting close Q2 2026

LTV
12%
Bridge
$300-450K
Coverage
5-8x

Target terms. Final structure, collateral and pricing subject to signed documentation.

Representative deals. Realised IRR and Target IRR are shown on a compound annualised basis. Coupon figures are stated over the full Phase I term, not annualised. Figures are provisional and subject to client confirmation. Targets only. Actual results will vary. SEC Rule 506(c). Accredited investors only. Past performance is not indicative of future results.

COLLATERAL

Senior secured against a layered collateral stack

Every bridge loan holds perfected security over a stack of collateral instruments. On hard collateral alone (tax credits and other pledged book collateral), the book covers the loan 6.5x times over at ~15% LTV on average. Including sales agent minimum guarantees and completion bonds, total coverage averages 30x+ the loan amount.

6.5x
Tax credits and book collateral
Average coverage, ~15% LTV
MGs
Sales minimum guarantees
Contracted MGs from licensed distributors
Subject to counterparty performance.
Bond
Completion bonds
Industry-standard production completion guarantees
Subject to counterparty performance.
6.5x

hard collateral coverage (ex-MGs)

Tax credits + book collateral only

30x+

average total coverage including sales agent minimum guarantees and completion bonds (subject to counterparty performance)

Coverage ratios reflect the current book as at 26 May 2026 across 60 positions. Individual deal stacks will vary. Sales MGs and completion bonds are subject to counterparty performance and are secondary to tax credit and book collateral in the coverage calculation.

DOWNSIDE PROTECTION

Senior secured, with a defined escalation path.

Every loan is senior secured from day one. We hold perfected security over the full collateral stack. Full enforcement and recovery detail is available to verified accredited investors during deal review.

HOW IT WORKS

Verify, Review, Fund

01

Verify

Complete accreditation verification to confirm eligibility under SEC Rule 506(c).

02

Review

Access live deal rooms with full collateral analysis, term sheets, and risk assessments.

03

Fund

Principal plus the contracted return is scheduled when the loan resolves, subject to borrower performance and collateral recovery. Most loans resolve within 16 to 26 weeks.

Apply to view live deals

Deal details are available to verified accredited investors under SEC Rule 506(c).

This is not a commitment to invest. Completing this form begins the qualification process under SEC Rule 506(c). Available to verified accredited investors only.