Plan your raise

The hardest part of an indie pitch isn't the number — it's explaining how the money is structured and how investors get it back. Build your raise from real instruments — equity, incentive loans, pre-sales, gap, deferrals — with guidance on what to say to each stakeholder. See the gap, model the recoupment waterfall, and generate a deal memo, term sheets, and draft contracts to take to your attorney.

Raised €1,200,000 of €1,200,000Fully financed
Where the money comes from
A loan advanced against your approved tax credit or rebate during production, repaid when the incentive pays out — not from your sales. It cash-flows soft money you've technically already earned.
Cash in exchange for an ownership stake in the production company (usually membership units in an LLC). It's the last money repaid and the first to benefit from upside.
Deal terms
The pitch, in plain language

We're financing a €1,200,000 film with €892,800 of investor equity, alongside €307,200 in incentives and soft money. Equity covers 74% of the budget, fully financing the picture.

Investor money is structured to be returned first. After the sales agent's 15% commission, investors recoup their capital at 120% — that's €1,071,360 on €892,800 in — before any profit is split. After recoupment, profit is shared 50% to investors / 50% to the production.

At our base case of €2,160,000 in receipts, investors fully recoup and earn a 1.63× cash-on-cash return (€1,453,680). The break-even for your investors is €1,260,424 in receipts — anything above that is upside.

How investors get their money back

Enter receipts that flow back to the production (after platforms/exhibitors). Break-even for your investors is €1,260,424.

low
1.14×
partial recoup
base
1.63×
recouped + upside
high
2.31×
recouped + upside
Recoupment waterfall — base case (€2,160,000)
Sales fee & expenses€324,000
Senior debt (gap + cost)€0
Deferments€0
Equity recoupment (+premium)€1,071,360
Net profit split€764,640
To investors
€1,453,680
1.63× on €892,800
To production
€382,320
net profit share

This is an estimate, not advice.

Every number here is an estimate generated from published program rules and your inputs. Programs change with each legislative session, and qualification depends on details a calculator can't see. This is not tax, legal, or financial advice. Before you make a financing decision, confirm everything with the state film office and a qualified CPA and entertainment attorney.

Deal memo & documents

Generate a deal memo, per-tier term sheets, and template contract drafts from your plan — ready to bring to an attorney. Fill in the basics (or leave blank for [placeholders]).

Informational templates only. These are starting points for discussion, not legal, tax, or securities advice and not binding agreements. Raising money from investors is regulated — have an entertainment attorney and CPA prepare and review the final documents before you share them or accept funds.
> **INFORMATIONAL DRAFT — NOT LEGAL, TAX, OR FINANCIAL ADVICE**
>
> This document was generated from your inputs as a starting point for discussion only. It is not legal, tax, securities, or financial advice, not an offer to sell securities, and not a binding agreement. Offering investments is regulated — securities laws may require specific disclosures, exemptions, and filings. Have a qualified entertainment attorney and CPA review and prepare the final documents before you share them, raise money, or sign anything.

# Financing Memo — *[PROJECT TITLE]*

**Production entity:** [PRODUCTION COMPANY, LLC]  
**Prepared by:** [PRODUCER NAME]  
**Date:** 2026-07-28  
**Total budget:** €1,200,000 (EUR)

## 1. Overview

[PRODUCTION COMPANY, LLC] is financing *[PROJECT TITLE]*, a €1,200,000 production. The raise combines €892,800 of investor equity, €307,200 of incentives/soft money and additional sources detailed below. The plan is fully financed.

## 2. Sources & uses (capital stack)

| Tier (first repaid → last) | Instrument | Amount | % of budget | Position & terms |
| --- | --- | ---: | ---: | --- |
| Tax-credit / incentive loan | Film incentive | €307,200 | 26% | Not from revenue (soft/pre-sold); Advance net of ~8% financing cost; repaid by the incentive |
| Common equity | Common equity | €892,800 | 74% | Repaid from revenue; Recoupment at 120% of capital before profit split |
| **Total raised** | | **€1,200,000** | **100%** | |

## 3. How investors get paid back (recoupment waterfall)

Receipts that return to the production are applied in this order:

1. **Sales agent commission & expenses** — 15% of receipts.
2. **Senior debt** — loans repaid with their financing cost.
3. **Deferments** — deferred cast/crew fees.
4. **Equity recoupment** — investors recover their capital at a premium before any profit split.
5. **Net profit split** — 50% to investors / 50% to the production.

## 4. Projected returns (illustrative)

- **Investor break-even:** €1,260,424 in receipts to fully recoup the equity (incl. premium).
- **Base case (€2,160,000 receipts):** investors fully recoup, a 1.63× cash-on-cash return (€1,453,680 on €892,800).

_Projections are illustrative only and depend on sales that cannot be guaranteed._

## 5. Key risks

- Independent film is high-risk; investors may lose some or all of their capital.
- Sales estimates are not guarantees; actual receipts may be lower.
- Incentive payments depend on meeting program rules and audit.
- Schedules and budgets can change; a completion bond may be required by lenders.

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_[PROJECT TITLE] — generated 2026-07-28. Informational template only — not legal, tax, or securities advice. Have an entertainment attorney and CPA review before use._