How does Nobleland Capital choose which projects to support?
Nobleland Capital chooses to collaborate with exceptional producers and creative teams who have already secured key elements for their projects, such as talent, equity investors, executive producer attachments, or other compelling elements demonstrating commitment to the project. Additionally, the company determines whether a senior lending opportunity currently exists or if the project is more speculative. As a senior lender, Nobleland Capital typically provides the “last dollar” in a project finance plan.
At what stage can I present a project/opportunity to Nobleland Capital?
Nobleland Capital can start reviewing projects in the early development phase to help structure and guide the finance plan. However, the company only offers capital for projects in pre-production, production, post-production, or completion stages that have sufficient unencumbered collateral available.
Are there particular sales companies, distributors, jurisdictions (states, countries, regions) that Nobleland Capital cannot work with?
Nobleland Capital does not automatically exclude any sales companies, distributors, or jurisdictions from being considered for financing. However, the company’s willingness to invest in a project may be influenced by its assessment of the creditworthiness of the sales company or distributor, as well as the specific terms and jurisdiction of the underlying contract. Nobleland Capital will evaluate each project and its financing needs on a case-by-case basis and work closely with its numerous top-tier partners, such as distributors, sales agents, and executive producers, to ensure the success of the project.
Can you tell me about the types of producers, projects, creative teams, or companies that Nobleland Capital is able to assist?
Nobleland Capital caters to filmmakers of all levels of experience and background, delivering the same level of assistance and value to emerging filmmakers as we do for our top-tier clients. If your project financing opportunity includes a significant portion of unencumbered collateral (i.e., an asset without any lien or “charge”), Nobleland Capital would be happy to consider funding your project.
What are the interest rates and repayment terms for loans from Nobleland Capital?
Nobleland Capital’s interest rates typically range from 12% to 25% per year and are determined based on the size, duration, and risk factors of each individual project. These interest rates are only a general estimate, and the specific rate for a project can vary widely depending on the specific details of the project. The company offers flexible financing solutions tailored to the unique needs of each project and strives to provide transparent and competitive pricing.
What additional fees does Nobleland Capital charge to set up a loan?
Nobleland Capital levies an extra charge, ranging from 2% to 10% of the total loan value, based on the size of the loan, to facilitate the structuring, underwriting, closing, and management of the loan until its maturity. This fee is deducted from the loan proceeds furnished by Nobleland Capital, implying that the company provides the required funding to settle the fee.
Do you have a minimum loan amout?
Yes, $500,000.00
Can you provide information about the legal fees and deposit requirements for a loan with Nobleland Capital?
Nobleland Capital incurs legal fees in underwriting and documenting each loan, and as such, the company must pass on these costs to clients. The legal fees for smaller deals are typically between $2,500 and $5,000, while for larger transactions, the fee can be significantly higher, depending on the specifics of the transaction. To ensure that every dollar is used effectively, At the signing of the term sheet, Nobleland Capital typically requires an upfront legal deposit to commence work, which is non-refundable. The specific amount of the deposit required will be communicated to the client as early as possible and will depend on the details of the transaction.