Film Finances
- 9000 W Sunset Blvd Ste 1400 Los Angeles
- West Hollywood, California
- 90069
- Phone: (310) 275-7323
- Website
Website Links
Description
Film Finances Ltd came into being following the severe financial crisis that afflicted the British film industry in the years 1947 to 1949.
Film Finances was founded in 1950, when producers of motion pictures were finding it increasingly difficult to borrow money because they could not show how the could meet budget overages. The founders of the company were film producers who knew there had to be a better way than mortgaging all they owned against potential budget overages.
In the early 1970s, Richard Soames joined Film Finances. Taking over from Robert Garrett as managing director of the company a decade later, Soames pursued an expansionist policy, building the business in Canada, Australia and the US. The climate of international film-making encouraged this development. The traditional Hollywood majors were now being joined by a number of new independent companies such as Orion, New Line or Hemdale that regarded the completion guarantee as an important element in their financing.
Film Finances helps movies get to the big screen. We provide financiers with a service that gives them an assurance that the film will be delivered on time and that the over-budget costs would not be the financier's responsibility.
Fact sheet
Company contacts
- Richard Soames
- President
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