Three years ago, documentary make 3DD productions needed funds to make more programmes more quickly and decided to look beyond high street lenders.
Since using F&P from the alternative market, the production company halved film editing tie, increased gross profit margins by 10% and doubled its annual programme output.
The asset used as security of funds was 3DD’s back catalogue which it owned outright.
Dominic Saville (pictured), chief executive at 3DD Productions, said: “Whether you’re a large Hollywood studio or a smaller niche production company like ourselves, acquiring funding can be difficult.
“Our customers (ie: the channels that buy our programmes) often have extended payment terms.
“By independently assessing the value of our archive, F&P has secured several rounds of funding and continue to provide support and advice along the way.”
