Secured Senior Debt Backed by
Contracted Media-Sector Revenues
International Film Fund (“IFF”) provides senior secured credit to professionally structured film and media productions. Facilities are underwritten against legally binding receivables and defined repayment sources, rather than box-office performance or speculative revenue projections.
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The strategy focuses on documented cashflows, enforceable delivery obligations, and structured repayment visibility within established commercial distribution frameworks.
Asset Focus
IFF originates senior secured facilities backed by production-related receivables.​
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All exposures are structured with defined contractual repayment sources and senior security interests designed to protect capital position.
Collateral & Repayment Sources
Each facility must be supported by identifiable, contractually enforceable inflows, such as:
• Verified government tax-credit entitlements
• Distributor minimum guarantees (MGs)
• Pre-sale agreements with recognised buyers
• Assigned receivables with scheduled delivery
• Completion-bond supported structures, where applicable
• Collection Account Management Agreement (CAMA) governing receipt and waterfall of production cashflows
• Other contracted revenue streams with confirmed timing and value
IFF does not accept unverified projections, speculative revenue forecasts, or unsecured performance assumptions.
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Lending Structure
International Film Fund structures each facility with:
• Senior secured debt position
• Defined repayment schedule
• Controlled capital movement
• Prioritised cashflow rights
• Cashflows directed through a CAMA-controlled collection account
• Independent administration and oversight
Exposure is tied strictly to contractual obligations and collateralised receivables — not equity participation or market-driven performance.
The Fund does not take ownership interests or revenue participation in productions.​​​
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Investor Profile
Participation is restricted to accredited and institutional investors seeking exposure to a senior secured, contract-based film and media private credit strategy.
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Investment Terms:
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• Targets a 10% targeted preferred return per annum, subject to the terms of the Fund documentation
• Commitment period: 36 months
• No equity exposure
• No speculative reliance
Distributions are funded from contractual payment streams underlying each senior secured facility.
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Institutional Alignment
The fund applies a selective deployment model consistent with institutional private-credit standards, with emphasis on governance, verification, and structural protections across all financing arrangements.
