Need Some Cash? Got Great Products?
Use Them To Get A Loan Based On Your Future Royalties
About PMRAbout PMR - Both founded and headquartered in
New York, ProMusic Royalty Financing is quickly becoming one of America's premiere
royalty financing companies.
We specialize in commercial entertainment royalties and offer royalty financing and lump-sum cash advances to U.S.A. based actors, singers, songwriters, dancers, artists, radio DJs, authors, entertainers, composers, music publishers, software creators, inventors, intellectual property rights and trademark owners, and performers who hold non-liquid assets in the form of pending residual or royalty payments.
Our mission has always been to free up capital for musicians, artists and other royalty earners who want to exchange a fixed number of their upcoming royalty payments for a cash payout today. And with our highly skilled workforce in tow and more than $150 million in total assets to fund such transactions, PMR sees many opportunities to help these individuals achieve their financial goals.
How Can PMR Help Me?How Can PMR Help Me? - If you are a legally entitled beneficiary of residuals or royalty payments stemming from TV shows, movies, books, albums, MP3s, computer software, or radio shows and you have use for the cash now. We will provide you with a fast cash advance of $3,000. to $3,000,000. based upon your future earnings.
You will maintain complete ownership of all copyrights and royalties while the future payments are temporarily redirected until your advance has been paid back. Your prior credit history is never an issue, and we advance funds to royalty beneficiaries regardless of their current or past credit rating.
How Do I Start?How Do I Start? - The entire procedure is very simple and straightforward...
To begin we only need to see the gross annual amounts of your royalty payments going back 3 - 5 yrs. We prefer to go back 5 years so we can get a good picture of the consistency of your income. The longer the predictability of consistent payments, the higher your royalty advance will be.
After we review the sales figures we will issue you a quote stating how much your advance will be. If you accept our offer we will draw up a
royalty financing agreement that clearly defines what we are actually buying, how much will be paid out, and for how long. There will be a temporary transfer of the right to receive some of the future payments, but the legal ownership of the royalty will always remain the property of the royalty owner.
Next we have a 3rd party escrow company handle the temporary transfer and receivership of the payments. This is to protect all of the parties involved while simultaneously relieving the royalty seller from the burden of having to wait for and then having to attend a court hearing in order to receive approval.
Finally, at the end of our agreed upon term, all royalty payment arrangements automatically revert to the way they were originally.
This will give you cash now while you maintain full legal ownership of your royalties.
Please note that PMR never takes control or ownership of any copyrights. We will only receive reimbursement from your future royalty payments for a mutually agreed upon fixed period of time. After this payout period ends, any and all remaining future royalty payments will automatically revert back to their legal owner.
If your future royalty payments don't generate enough annual income to provide you with the advance amount you want, then another option available is to substitute collateral or a security interest in an unencumbered asset that is greater than the amount of the advance expected as opposed to temporarily transfering the beneficiary.
Call us now at
(206) 202-1894 to discuss your options. Or for faster service use our convenient and confidential online application form below.
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No Processing Fees · No Legal Fees · No Hidden Fees
