Financing the Entertainment
Specifically tailored to the industry needs
Financing the Entertainment Industry requires very specialized knowledge to insure that a commitment to lend is structurally viable and processed on a timely basis. Our Entertainment Lending Division provides loans that are specifically tailored to the industry needs. Additionally, where applicable, we also provide account and treasury management solutions to support business operations.
With a team of experienced professional, Hanmi Bank is dedicated to providing specialized services catering to producers of bonded film productions, television shows, distributors of projects, and companies that provide ancillary support services like post production companies, lighting and sound companies.
Types of Loans Offered
Currently, Hanmi Bank offers financing options for projects $1,000,000 or above.
Hanmi Bank offers a comprehensive package of financing for production loans including
- Financing pre-sales negotiated from primary territories
- Tax credits from domestic jurisdictions and Canada,
- GAP financing against unsold global productions rights from primary territories (may be available on a project basis)
Hanmi Bank offers financing for working capital and marketing and distribution of completed projects. Collateral typically will consist of pay television licenses, music royalties from an established music distributor, third party licensees, and contractual payments for the relicensing of film or television library rights.
Lines of Credit and Term Credit
Hanmi Bank offers revolving working capital lines of credit to companies that support the entertainment industry utilized as needed to meet delays in funding, fluctuations in receivables, take advantage of vendor discounts/bulk purchasing, or to manage
unexpected cash needs.
Additionally, Hanmi Bank offers specially tailored financing to provide needed access to funding for partner buy-in or buy-outs, acquisition, expansion, new equipment or make tenant improvements, or to meet other long-term business needs.
Commercial Deposit Accounts/Treasury Management
Hanmi Bank offers a comprehensive array of deposit products and Treasury Management services designed to help maximize operational efficiency and conveniently manage a deposit relationship