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Samantha Traub
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Your financing plan sets out all of the sources of financing for your production, such as: distribution advances; anticipated federal and provincial tax credits; broadcast license fees, equity investments from distributors, broadcasters, funding agencies or private persons; deferrals and producer investments, if any. Ideally, the total of all of these amounts is equal to the budget for the production. If not, you will need to find “gap” financing, from specialized “gap” financiers. Since some of these funds may not be available during production to meet cash-flow requirements, you may need to apply to a bank for interim financing.
Financing ScenariosIncluded below are a two examples of financing scenarios used for film and television productions:
1. Ontario (first-time production, regional bonus)
| Financing Source |
|
% of Budget |
|
Total |
 |
Canada Feature Film Fund (Project Development, Production and Marketing Assistance Program)
|
|
27.58% |
|
$200,000 |
 |
Pay TV Pre-Sales
|
|
17.93%
|
|
$130,000
|
|
Harold Greenberg Fund
|
|
6.90%
|
|
$50,000
|
|
Producer Investment and Deferrals
|
|
22.07%
|
|
$160,000
|
|
Federal Tax Credit
|
|
3.46% |
|
$25,000
|
|
Ontario Tax Credit (First time and Regional bonus)
|
|
22.06%
|
|
$160,000
|
|
Total Financing
|
|
100% |
|
$725,000
|
2. Domestic Feature Film Production in British Columbia
| Financing Source |
|
% of Budget |
|
Total |
|
Distribution Advance
|
|
8.57%
|
|
$150,000 |
|
F.D.B.C. Film Development Society Of British Columbia
|
|
9.14%
|
|
$160,000
|
|
Canada Feature Film Fund (Project Development, Production and Marketing Assistance Program)
|
|
25.71%
|
|
$450,000
|
|
Canadian Television Fund
|
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17.14%
|
|
$300,000
|
|
Producer Investment and Deferrals
|
|
6.29%
|
|
$110,000
|
|
Federal Tax Credit
|
|
0.28%
|
|
$5,000
|
|
British Columbia Tax Credit
|
|
11.43%
|
|
$200,000
|
|
CanWest Western Independent Producers Fund
|
|
5.71%
|
|
$100,000
|
|
Total Financing
|
|
100% |
|
$1,750,000
|
Editor's Note: For sample distribution agreements supplied by filmmakers click here
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