
SMALL CAP LOAN PROGRAM
2:1 Loans
For borrowers who do not have the $10M USD minimum to participate in our flagship loan program (the “Multiples Program” where we lend 3 to 4X of the amount the project has already raised), or don't need a loan in excess of $20M USD, FundingNet has created the “Small Cap Loan Program”. If you have $3M or more in funds already raised, under this program we can lend up to 2X that amount to complete your project.
Just as with our Multiples Program, the borrower would have their qualifying capital held in safekeeping; while those funds are in safekeeping they earn the funds-owner the same 5% per year as in our Multiples Program. We then lend them up to 2X the amount of the initial funds to complete their project. FundingNet and our loan funds assume all the risk of the project, and no matter whether or not the project is a success the qualifying capital goes back to them at the end of the Loan cycle.
The safekeeping options available for the Small Cap program are the insurance option and the escrow option as outlined in the "Financial Safekeeping" section on our "Multiples Program" page.
This program is considerably more attractive to most entertainment projects, particularly independent projects, as it better suits their funding needs than the larger loans in the Multiples Program.
For more information please reach out via our “Contact Us” page, or talk to your FundingNet representative today.
