Tweet

Film Tax Credit Financing Canada – Cash Flow Tax Credits Now!

Guest post by: Stan Prokop

Article Overview: Information on film tax credit financing in Canada with immediate cash flow solutions for Canadian productions in film, television, and digital media.

Film Tax Credit Financing Canada – Cash Flow Tax Credits Now!

Financing Film, television and digital multimedia productions in Canada is less of a challenge when you have access to interim capital to assist in completing projects and of course moving on to the next one!

There are a number of excellent new programs at government levels that allow you to monetize tax credits which in many cases now come in the form of a rebate - that rebate can now be monetized to recover a significant portion of expenses related to offerings in various media sectors .

Whether a Canadian business is manufacturing nails or shoes, or created digital content for the entertainment masses cash flow continues to be king. As Canada emerges from the worldwide liquidity debacle of 2008-2009 business seems to be getting better in all areas, and media and entertainment projects are again emerging and flourishing.

Accessing interim capital through strategies such as tax credit financing allows your team to complete projects and access additional capital in the form of equity or gap financing as an example. We are the first to admit that most media and entertainment people quickly realize that in Canada there are certain limitations to chartered bank financing, term loans and subordinated debt for media and entertainment productions.

Recognizing this challenge , while at the same time seeing potential revenue and economic benefit from this industry, the government has stepped up to the table and developed programs to refund a healthy portion of production expenses back to the industry .

And to make matters even better, by working with an experienced , trusted, and credible advisor in this industry you can monetize, or lets call it ' cash flow ' these refunds into working capital and .

So how do you achieve that cash flow? You do that by simply ensuring that the proper costs associated with your production and the intellectual property are documented, certified, and approved under your project. The rebate or tax credit is then financed as a short term discounting or in effect a ' factoring' of the claim. There is only one bottom line, which is you get your funds now and can place them back into the project to both recoup costs and also of course to complete the project.

As various parts of government have committed millions of dollars to these rebate credits why would you not want to accelerate the benefits immediately?! If the government and the industry are breaking new ground in this area of financial assistance you want to be able to take advantage of it - that surely is for certain.

The interesting part of this whole scenario is that the credits now virtually cover all aspects of media, and now also include video-game development and interactive media. There is also a breakthrough in the new legislation which doesn't have the government entities in a position to choose between what projects might work and what projects might not be successful.

Most business people outside the industry often wonder why these rebates our offered, but more and more data is emerging that reflects the fact that the government and economy as a whole benefits ten times over from such investments . Ten times over is great R O I.

Speak to a trusted and credible film tax credit advisor to ensure you are able to access this great funding strategy.

Related Articles
  Striking Gold With Film Tax Credits – Finance Ontario and BC Film Production Incentives
  Film Tax Credit Financing – Working Capital for Canadian Productions
  Why The Canada Film Tax Credit Program Is Critical To Your Film Financing
  Film And Animation Project Finance - It’s A Mad Mad World Without The Canadian Film Tax Credits
  Cash Flowing your B.C. and Ontario film grants – Film Financing Canada and Tax Credit Financing
  Looking For Canadian Tax Credits For Film Financing?
  Why the financing film tax credits provides ‘real’ film tax breaks and film tax incentives to your project
  The Future Is Now ! Financing Your Film Tax Credit Incentives In Canada Today
  Using Film Tax Incentives For Television, Animation and Film Finance in Canada
  Film Tax Credit Financing in Canada
  Film Finances Canada – Monetizing Your Film Tax Credits in Canada Today Via our Secret Strategy!
  Looking for Film Tax Breaks ? - Tax Credit Capital Can Be the Financing You Need
  Why Canada Provides Film Production Tax Credits & SRED Tax Credits – Financing Film & SR ED Tax Credits
  How Film Financiers Can Monetize and Cash Flow Your Film tax incentive
  Use Canadian Film Tax Credit Policy for Successful Financing and of Film , TV , And Animation Projects
  Why You Need Film Tax Credits and Why the Canada Film Tax Credit System Works For Your Project
  Can You Afford Not To Use Film Tax Credits When Financing a Film In Canada - An Investor Primer
  Information on the Film tax credit for Canadian Independent Productions in Film and Television and Digital Animation
  Are There Canadian film financing banks For My Tax Credits?
  Canadian Film Projects Utilize Ontario Film Tax Credit Financing For Success

Article Tags: cash flow your film tax credits media film, Film tax credit financing Canada, financing film tax credits



Related Forum Posts
Research & Development Tax Credits - If anyone is involved in any sort of R&D I have a contact that can submit an application for you to the Government of Canada to get back upto 80% of expenses you may have incurred. Best of all - all this at no cost to you. She's worked with companies of all sizes and part of her services, which are included is how to structure yourself in the future to continue to receive these Government Tax Credits. She can even go back to the last three years in your books to get Tax Credits refunds as well. Email me and I can share her details with you.
Improving Cash Flow - How do I improving Cash Flow? What the best way to improve it to another 100% growth YOY? Has anyone does this or achieved this using online marketing? Thanks, Roberts
Re: Improving Cash Flow - Thanks for your information. guide on how to avoid the problems of over trading. <-- Where is this guide? Any URL? guide on debt factoring and invoice discounting: the basics. <-- Where is this guide? Any URL? I just want to learn more about this. I am also looking for a good article on: What exactly is Cash Flow? Ways to improve cash flow at individual level and organizational level? I think it is a problem of thinking and mind sets problem. If we can change the way of spending, we can have more Cash. Robert
Research & Dev Tax Credit - at No Cost (Canada) - Brian, I have a colleague that can provide you guidance and even assist in maximizing a R&D Tax Credit from the Government of Canada (If you are Canadian). All this at No Cost to You. I know her well and have referred other people to her. She's got plenty of experience in the field. If you're interested (anyone else on this forum too) just send me a PM and I will share her details with you.
Don't they know there are spammers out there? - Just a rant.... I have a spam filter on my email, such that every day probably about 20 or more emails a day end up in my Bulk folder and I don't even see them. But I still see dozens of spam messages a day in my Inbox, and I recognize them by their titles, if they just say, "Hello," or "Hi" or some other generic title, I know it's spam and I just delete it without even opening it - as you must do. Today I got an email from someone, and the title was "wff". Just that. Not even capital letters. Normally I would have just deleted it without reading it, but fortunately I saw the name of the author, and it was a name I recognized, not a friend but an acquaintance - someone who works for the Williamsburg Film Festival. And the title "wff" was of course Williamsburg Film Festival. And I wonder how many businesses send out emails to potential customers with generic subject lines so that their stuff gets sent to the Trash file without even being looked at.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

What Aweber Can Do For Your Online Business

Web Design in 30 Minutes - Can this be Right?

The Pure FUN of Learning & Using NLP

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.