Offered to select clients and industries since 2005, our "Multiples Lending Program" is based on multiples of the amounts already raised for the project by the borrower.  As the project owner, you are required to bring a minimum amount of funds to the project (20% of the total costs), and we can lend you multiples of that initial amount (the remaining 80%) to fulfill the budget.  Depending on the project and our assessment of the risk of the project, the multiple offered could be anywhere from 1X that initial amount, to 5X (though 3X and 4X is the most frequent).

Until the end of 2021 the minimum amount of funds that needed to be raised to qualify for this program was only $1M USD.  Due to changes in the requirements of our banking and insurance partners, as well as changes in the marketplace, effective immediately the minimum amount of funds required to qualify will be the equivalent of $10M USD or $10M Euro.  This change makes it very difficult for us to work with projects with budgets of less than $20M USD, unless they are part of a slate.  We have some alternate solutions available for smaller projects, but to qualify for these "multiples" based loans, small stand-alone projects no longer easily fit into this program.

The basic methodology behind this program is that your initial funds are positioned as a "loan loss reserve" for your loan.  This does not, in any way, place any lien, claim or encumbrance on your funds, it simply shows that there is the appropriate amount of funds "set aside" by the borrower.  When the initial funds are positioned in that way, our Bank expands our existing credit lines, which we use to furnish your loan. In order to be meet all compliance requirements for a loan loss reserve, your initial funds must remain undepleted and unencumbered until your loan is fully repaid.

If your initial funds have been provided by a 3rd party investor/lender who wants those funds returned prior to the repayment of your loan, then you either need to submit your application package so that it requests "one extra multiple", or you structure your budget in such a manner that you are repaying that deposit from your loan disbursements. Note that the multiple that you will be approved for may not be the same as the multiple that you requested, so that is never a perfect solution.  All projects are assessed on a case-by-case basis.

There are multiple methods available to our borrowers that ensure their initial funds remain undepleted/unencumbered throughout the loan term.  All deposit options fully guarantee the safety of the Borrowers capital.  To see how your funds are safely protected against all perils, please see the "Financial Safekeeping" heading on this page, below.


To be eligible for funding, your project must fit the following criteria, in full:

  1. Your project must have the production elements established.  A fully developed business plan must already be in place. If you only have a script but no budget or production plan, you are not yet ready to be funded.  Your project doesn't necessarily have to be ready to produce immediately, but it should be basically ready to go.

  2. Minimum funds already raised.  There must already be at least the equivalent of $10M USD/Euro ready to deploy into the project, or slate of projects.  As a requirement to qualify for our funding multiples, those initial funds must sit idly on the sidelines throughout the loan term, either in your own bank account or or under the protection of a regulated bank, in an account in your name.

  3. Timing.  All FilmCabbage loans must be approved through banking compliance, a process that takes approximately 60 days. If you require funds immediately, and cannot wait for compliance confirmation, your project will not qualify.  Additionally, our funds are released in traunches as they are consumed into the production, so it takes 8 to 12 months for them to be fully deployed.  If you require all funds on day 1, we will not be able to assist you.


FilmCabbage offers borrowers an industry leading interest rate - not only do we provide you with up to 6x multiples of the amount of your capital as a credit facility, but we do it at the rate of 3.5% per annum, OR "LIBOR +2", (based on the existing US 12-Month LIBOR rate) - WHICHEVER IS HIGHER  The current LIBOR rate is on the right side of the page linked here:



We have designed our loan process in a way to ensure that your money is never exposed to ANY risk whatsoever.  In fact, your initial funds sit safely on the sidelines, often in your own bank account, throughout the entire loan process.

To apply for funding for your Entertainment Project, you will need to submit an application package, but prior to doing so you should first contact us to discuss your project and review its business plan to make sure that it appears to be a good fit for our program.  If it appears to be, we will provide you with all of the required documents to submit to complete your application package.

Once your application package is submitted, we have our intake and risk assessment teams review all elements of the submission.  If your project is accepted, you will receive a comprehensive Term Sheet that outlines the loan terms, including the LOAN MULTIPLE that you have been approved to receive. Our issuance of this term sheet confirms that we're "in", and willing to fund your project - as long as the loan terms are mutually agreed upon and the process steps are followed from that point, your project is a go.

FilmCabbage loans do not require any additional corporate or personal guarantees - each loan is secured only by the actual project that our money is helping to create.  You are not required to secure the loan with any additional personal or corporate assets.  There are also never any up-front fees.



  • No Engagement Fees

  • No Due Diligence Fees

  • No Application Fees

  • We pay our own costs, and you pay yours.  As is standard for any loan, as the borrower you will be responsible for the legal costs of closing the transaction.  Closing costs will be disclosed in your Term Sheet, and a minimum amount will be due to our appointed law firm (after your project has been assessed and accepted, and both parties have agreed to the loan Term Sheet) in order to complete the contracts and close the deal. 

  • There will be a 3% "Lending Fee," due AFTER formal "close" of the deal and commencement of loan disbursements.  This fee is deducted from the loan funds themselves - never from your original capital.

  • Throughout the loan term there will be a small monthly accounting fee for a loan oversight custodian who will reconcile the costs of the production to the funds drawn, confirm that the project remains on schedule, and monitor the repayment of principal and interest.  This fee will be fully described in your Term Sheet.


The process to apply for and receive financing from FilmCabbage is as follows:

​STEP 1:  Contact us to discuss the details of your project so that we can determine if it suits our lending model.  If it does, we will provide you the applications and documents you'll need to apply for a loan.

STEP 2:  Submit your application package.  This will include:

     1.  Proof of Funds, showing appropriate initial funds ready to deploy into the project
     2.  Project Business Plan
     3.  Project Use of Funds Schedule / Preferred Drawdown Schedule

     4.  Entertainment Loan Application Form

     5.  Initialed and signed FAQ document

     6.  Personal Identification Information of Applicant/Signatory

          (required for KYC, Banking Compliance and Anti-Money Laundering protocols)

     7.  Articles of Incorporation.

     8.  Board Resolution (stating the signatory has the ability to bind the corporation to contracts).

     9.  Letter From the Investor Posting the Initial Funds (if applicable)

We then submit your project to our risk assessment team, who will analyze your application package to ensure the project makes sense for us to participate in.

STEP 3:  If your project is accepted for funding, you will be sent your comprehensive "Term Sheet" which outlines the primary terms of the loan.  Once both parties have agreed to terms, both parties sign the Term Sheet to proceed to the next step.

At this point you will be put in contact with our banking compliance team, whose role is to ensure compliance with all banking requirements and regulations by both parties (lender and borrower) and to ensure that your initial capital is appropriately positioned to remain unencumbered and undepleted during the drawdown of our loan.  This process is described under the heading "Financial Safekeeping" below.  The loan is then submitted for compliance confirmation, where the involved central bank(s) involved examine and approve all aspects of the transaction.  This compliance process takes approximately 60 days to complete (at certain times of the year, this process will take longer due to holidays, etc.).

​STEP 5:  During the compliance confirmation, we create the Final Loan Agreements for your signature.  All borrowers will be required at this time to pay the minimum closing costs amount with our paymaster (who will use those funds to retain the law firm that will close the loan for us) in order to develop these contracts. 

STEP 6:  Once compliance clearance has been complete, your loan facility is opened and disbursements commence per your loan contract.


The key element of this FilmCabbage program is the requirement that to qualify for a loan, 20 to 33% of the total budget must already be in place.  It is the existence of the borrower's project, coupled with those initial funds already being pledged to the project, that makes the multiple that we lend to them possible.


The only requirement of those initial funds is that they remain completely idle throughout the loan term, so that they may be accurately positioned as the project's "loan loss reserve".  If they were to become otherwise encumbered or depleted in any way, it would violate compliance requirements and cause the loan to collapse.  As a result, to ensure compliance with all banking regulations as well as similar requirements from our insurance partners, there are specific methods and oversight required to guarantee that those funds will remain idle throughout the loan term.

There are three approved methods (listed below) for this assurance currently available.  All three of these methods have been designed to specifically ensure our clients/borrowers that their funds are fully guaranteed and secure at all times.



If the borrower's initial funds amount to $10M USD/Euros or greater, when we reach the stage of the loan process where the initial funds must be positioned, the borrower and their team will be introduced to our participating Investment Bank.  This is an Australian Banking and Investment Corporation (and is co-owned by a $1.7 Trillion-dollar Bank, that ranks in the 25 largest banks in the world) and which is licensed through the Australian Financial Services License (AFSL, license number 3XXXX2), and regulated by the Australian Securities and Investments Commission (ASIC).  We cannot publish the name of the bank here for compliance reasons, but you will be introduced to this entity early in the process once you have applied for a loan.  You will deal directly with them to be able to vet the bank and the bond to whatever level of due diligence you require.


Once all of the borrower's questions are sufficiently answered, the bank will issue the borrower a Bond (with the Investment Bank as the issuer, trustee and Guarantor) that represents a formal debt to the borrower in the amount of their initial funds.  Once the borrower has confirmed/verified the bond through their due diligence process, they will sign off on it, and wire their funds to the bank for safekeeping. These funds will be moved into an account that is set up in the name of the Borrower at Commonwealth Bank, under the corporate accounts of the Investment Bank.

This bond can be redeemed at any time, with 60 days written notice.  However, if the bond is redeemed prior to the loan being repaid, it will collapse the loan and result in its immediate call.



If the borrower's initial funds amount to $10M USD/Euros or greater, and they bank at a “Top 20” bank in an acceptable jurisdiction, their initial funds can be allowed to remain in their own bank account, under their control.  This account must be set up in a way that still allows the loan multiples to be processed correctly.  This would be accomplished by the borrower creating a brand new SPV that will never do anything but own that bank account, and house the Borrower's Project.

Then our bankers would work with the borrower's bankers to "hold" or "block" the account so that no encumbrance or withdrawal/movement of funds could ever be possible, in a manner that works for both banks.  Once the borrower's banker is satisfied that the funds are secured, one of our banking compliance officers would be added to the account as a signatory to have full access to the account to monitor it at their discretion.

The borrower will have the assurance of their own banker that the account hold or block would prevent any signatory from moving or encumbring funds; if you bank has the ability to add multiple signatories to your account, you are also able to make it so that no single signatory would ever have the ability to act alone

The only drawback to this method is that, since the funds are controlled by an outside banking entity, they will be "discounted" by our banking group.  Usually this discounting is to 80% of the actual value.  So for accounts where the funds are left in the client's bank, they will be discounted by 20% - $20M will be discounted to $16M (so that a 4x loan would be $64M rather than $80M).


Method 3.  SBLC or BANK GUARANTEE – MINIMUM $10M USD/EUROS or GREATER (initial funds remain in borrower's bank account, and a SBLC or BG is issued by their bank)

Utilizing this process we can ONLY work with Top Tier Banks in highly stable banking jurisdictions.

Under this method the borrower's capital will remain in their bank account, and that bank would issue to the our assigned  bank a “banking instrument” such as a “SBLC” (Standby Letter of Credit) or a “BG” (Bank Guarantee).  Keep in mind that the issuing bank will charge fees (often substantial ones) to create, issue, and eventually recall and liquidate this instrument, and those costs will be fully the responsibility of the borrower.  Both banks (issuing and receiving) will set up the transaction in as way that the SBLC/BG will be held by the receiving bank until the loan is repaid in full; at the end of the term it will be returned in full value and without encumbrance. This will likely require the Borrower to obtain extensions on the SBLC

Please note:  this process is meant for clients that have a high level of sophistication in banking and finance, and who will deal directly with bankers who have extensive experience in setting up such instruments.



FilmCabbage has designed these safekeeping processes using best in partners and processes to mitigate risk and guarantee the complete security and safety of ours and our clients' assets, while adhering to all required compliance and legislative requirements.  Each of the processes described offer a full 100% guarantee of the safety and security of all funds in our program, each of which is fully verifiable.

If you have any questions about FilmCabbage's safekeeping processes, please contact us today.