Lending Club offers a great consumer solution — loans, lines of credit and access to capital that traditional banking and institutional lending cannot provide. Additionally — Lending Club offers individuals the opportunity to make investments through the providing of capital to said consumers. As banks continue tightening their abilities to service specific opportunities (especially those in media, entertainment & technology) — BondIt has found an opportunity to provide value and customer service in the growing independent market place. As film & media producers we knew the realities of getting a project financed, produced and recouped — it is never a pleasant ride. Combining this reality with the financial and technology background our team brought to the table — BondIt continuing to expand by offering additional services, industry value and a growing fund.
Tag: Unions
By Luke Taylor & Matthew Helderman
As every facet of the film industry has experienced, the digital era has drastically shifted the economics of how films are produced, marketed, and distributed. Camera technology has reached a level that provides filmmakers at any stage of their career the ability to produce content with the potential of landing a fruitful distribution deal as the world has witnessed with films such as Beast of The Southern Wild, Like Crazy, Another Earth, and Martha Marcy May Marlene – all produced at 1M or under and distributed theatrically through studios. The financial ease of production that has developed over the past decade has increased the volume of films produced on an annual basis from 2,000-8,000 – creating a financial ripple effect in the production industry as labor rates, rental rates, and talent salaries continue to decline.
Ted’s notes: Today begins the 3rd in our offerings of detailed glimpses at how filmmakers are now looking beyond themselves to find solutions for all of us (the others being the Kinonation and IndieStreet columns). I spoke with the BondIt team and was very impressed with what they are offering and the path they’ve taken to launch it. We will all benefit and learn from their efforts. We can build it better together ( (and now ARE).
By Matthew Helderman & Luke Taylor
The shifting of the global economy in 2008 changed the film business in obvious ways — budgets were slashed across the board, distribution outlets faltered internationally and multi-national conglomerates that owned and operated studios no longer saw a viable risk in the intimate, quirky and character centric independent films of the 1990’s and early 2000’s.As the recovering economy slowly progressed towards the “new economy”, the film business saw smaller productions at the $500,000 and below range begin sprouting up intensely. From a few thousand films produced per year in the early 2000’s to nearly eight thousand feature films produced in 2013 — there was a major increase in content creation and with it a slew of production issues.
