The startup provides low-cost, flexible royalty advances to artists, songwriters, and producers, utilizing advanced underwriting and deal structuring techniques to offer capital at significant discounts compared to traditional financing options. This approach enables creators to access immediate cash flow without risking ownership of their master and publishing rights.
Funding
$2.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many artists, songwriters, and producers face challenges in accessing immediate capital to fund their projects or manage their finances. Traditional financing options often require relinquishing ownership of valuable master and publishing rights, or come with unfavorable terms.
Solution
This startup offers royalty advances that provide artists with immediate access to funds without requiring them to sell their copyrights. By employing advanced underwriting and deal structuring, the company delivers capital at discounted rates compared to conventional financing. This approach allows creators to leverage the value of their royalty streams to invest in their careers and future earnings while retaining ownership of their intellectual property. The royalty advances are not structured as loans, ensuring that artists' copyrights remain secure.
Target Audience
The primary target audience includes artists, songwriters, and producers seeking immediate access to capital to fund their creative projects or manage their finances without sacrificing ownership of their intellectual property.
Features
- Royalty Fast Forward® program providing upfront capital based on future royalty earnings.
- Advanced underwriting process to determine advance amounts and terms.
- Flexible deal structures tailored to individual artist needs and royalty streams.
- No requirement to sell or transfer ownership of master recordings or publishing rights.
- Fast application and funding process.