As we start to come out of the strikes I am looking for a bank to do eleven $5 million loans over the next three years. This is for eleven films with distribution agreements from one of the big 5 movie studios. I will also need to finance against some state tax credits but not a lot.
I currently bank with Chase but they will not do it and I have relationships at MEP Capital and Three Point but their money is very expensive. I am able to this with National Bank of Canada(currently have CA$500K that I am paying back in November) and Royal Bank of Canada at the Canadian prime rate +2% but I would like to get a better deal and keep things in the US. I have a meeting at Renasant tomorrow morning but am open to other options.
I currently bank with Chase but they will not do it and I have relationships at MEP Capital and Three Point but their money is very expensive. I am able to this with National Bank of Canada(currently have CA$500K that I am paying back in November) and Royal Bank of Canada at the Canadian prime rate +2% but I would like to get a better deal and keep things in the US. I have a meeting at Renasant tomorrow morning but am open to other options.
