Asset-Backed Lending Against Well-Defined, Secure Cash Flows
NEF provides short-term loans to film and television productions, financing only against contracted and government-backed receivables with clearly defined repayment sources.
The Cash Flows We Lend Against are Well-Secured and Not Performance-Based
How We Structure Loans to Protect Capital
Disciplined Underwriting
Collateral is evaluated using a risk-adjusted approach.
Focus on identifiable, financeable receivables.
Advance rates structured relative to underwritten value.
Defined Repayment Sources
Repayment may be driven by one or multiple sources depending on the transaction.
Primary sources include tax credits, contracted revenue, or underlying IP.
Additional collateral support included where available.
Aim for Senior Secured Position
First-priority lien on all collateral.
Structured to be repaid before equity or subordinate capital.
Control over collateral and repayment pathways.
Active Structuring & Oversight
Ongoing monitoring of production progress and milestones.
Structured disbursements tied to project advancement.
Coordination with legal, accounting, and production partners.
The NEF Edge
The opportunity in entertainment credit is well understood. Access to the right transactions is not.