QSE Bank - Production Co. Bank
Recipient of the L.O.C. and the beneficiary
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Loans the money for the producer according to L.O.C.
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Works with the producer to perfect the L.O.C. verbiage
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Gets the payment from Issuing Bank upon delivery of the
film
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Needs a Bank Memorandum Package from the producer
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Completion Bond documents
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List of talent attached (director, principal actors,
DP)
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Top sheet and budget
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Script breakdowns and production boards with
screenplay
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Domestic theatrical distributor acceptance (may be
verbal)
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Some additional items
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Financing is available after pre-production, so producer
needs to get some advances from the pre-sold foreign
distributors or engage in minimal gap financing to get
through pre-production.
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