Three Point Capital
LLC | |
ISIN | 🆔 |
Founded 📆 | 2009 |
Founders 👔 |
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Area served 🗺️ | |
Members | |
Number of employees | |
🌐 Website | www |
📇 Address | |
📞 telephone | |
Three Point Capital (TPC) is a specialty finance company that specializes in the funding of film and television. TPC has been involved in over 300 films, which have had aggregate budgets of over $500,000,000. Originally established for tax lending purposes, the company expanded to brokerage and advisory services.[1] TPC focuses on small to middle-market investment opportunities and has helped provide services for movies such as Manchester by the Sea, Beast of No Nation, and Dirty Grandpa. Generally the projects range from $1 million to $15-20 million, with most projects ending up in the $3-8 million range. Mostly lending against tax credits, they have expanded into lending against sales contracts and expected sales contracts.[2] They were involved in a lawsuit against Mark Hulme and the team associated in the production of Jobs due to an outstanding loan balance of $2.14 million.[3][4] Their focus on the production team and not the project makes them popular for indie films.[5] TPC has offices in Los Angeles, New York, Baton Rouge, and most recently expanded into Cincinnati.[6][7]
References[edit]
- ↑ "Three Point Capital". TPC. Retrieved 13 July 2017.
- ↑ Gamse, Laura. "Film Financing CliffsNotes: Top Tips from Industry Investors & Financiers at IFP Film Week". No Film School. Retrieved 13 July 2017.
- ↑ Wright, Otis. "Three Point Capital LLC v. Mark Hulme et al". Justia. Retrieved 13 July 2017.
- ↑ Gardner, Eriq. "Producer of Steve Jobs Film Sued Over $2 Million Loan". The Hollywood Reporter. Retrieved 13 July 2017.
- ↑ Hedtke, Christianne; Lindboe, Kathy. "The Indie-Friendly Business List 2015: 25 Companies You Should Know". Movie Maker. Retrieved 13 July 2017.
- ↑ McNary, Dave. "Film Financier Three Point Capital Expanding in Ohio, Kentucky". Variety. Retrieved 13 July 2017.
- ↑ Douma, Jesse (19 May 2017). Hollywood Screenwriting Directory Spring/Summer: A Specialized Resource for Discovering Where & How to Sell Your Screenplay. Adams media. p. 715.
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