Quicksummer Entertainment LLC

QSE Bank - Production Co. Bank

Recipient of the L.O.C. and the beneficiary

  1. Loans the money for the producer according to L.O.C.
  2. Works with the producer to perfect the L.O.C. verbiage
  3. Gets the payment from Issuing Bank upon delivery of the film
  4. Needs a Bank Memorandum Package from the producer
    1. Completion Bond documents
    2. List of talent attached (director, principal actors, DP)
    3. Top sheet and budget
    4. Script breakdowns and production boards with screenplay
    5. Domestic theatrical distributor acceptance (may be verbal)
    6. Some additional items
  5. 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.