Source of finance
Source of finance
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Positives
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Negatives
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Examples
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Bank Loan
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Larger scale budget
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You will have to pay off the loan + Interest and if your product isn’t successful you could be in debt.
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For example, Gareth Edwards took out a bank loan for his movie but he made a large profit so he was able to pay it off.
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Crowd Funding
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Works as a donation and you don’t have to pay any of it back
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You don’t know how much money you will receive; it could be a lot and it could be very little or nothing at all.
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One mile away use Kickstarter for their budget.
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Grant/Funding
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These are not repayable so it doesn’t matter if your product is unsuccessful
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They are a nonprofit organisation
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Private Investment
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You have to make a profit0
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Self-Funding
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You don’t have to pay any back and your budget can be as big as you want.
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If your product isn’t successful, you’ll be losing money out of your own pocket.
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Local authority or public investment
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Your film could be funded by your local council
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I have done a source of finance table so i can easily identify the different ways that i can fund my movie and chose the one that is best suitable for me. It is important that i use this because if i chose the wrong source of finance it could have a bad impact on my production. I have chosen this format so it's easier to identify all the positives and negatives and the difference between the different types of finance. This is relevant to my pre-production process as i am making a zero budget movie that is going to be non profitable so its important i am aware of all the different types of finance if i was to need any funding.
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