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    Film Production Letter of Credit


    Issue a letter of credit for a loan to fund the production of a motion picture with this template Letter of Credit for Film Production.

    • The Letter of Credit (LOC) sets out the procedure the filmmaker must follow to make a draw against the production loan funds.
    • The LOC will be effective for a specified number of days following the commencement of principal photography, and may be renewed and extended for an additional period if required.
    • The LOC is irrevocable.
    • The form also includes a letter to be signed by the completion guarantors confirming delivery of the film and/or digital materials.

    Download the Letter of Credit for Film Production template for your backers. This is a fully editable film production form which can be easily customized for your needs.

    Download Type: Microsoft Word
    Last Updated: 02-May-2021
    SKU: 8
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    Film Completion Guaranty


    A Film Completion Guaranty must be provided by the producer and guarantor as part of the financing process for most independent motion pictures. Use this downloadable template to prepare the document you need.

    • The guarantor is guaranteeing completion and delivery of the film to the lender (financier).
    • If the producer fails to complete and deliver the film in accordance with the terms, the guarantor will take over production.
    • The guarantor is under no obligation under the Guaranty until the strike price (production financing) has been advanced.
    • The guarantor is not responsible for obtaining any rating for the film, or to deliver any materials other than the delivery materials, or for the quality of the film itself.
    • If the guarantor fails to complete and deliver the film, it will repay the financier in full for all sums advanced.
    • The guarantor subordinates any claims it may have against the producer to the repayment of the financier and all of the financier's rights and security interests.
    • The template includes a Notice Cure and Arbitration Agreement.

    Before you can get your funding, you have to get all your paperwork in order, including this Film Completion Guaranty.