Need funds to fuel your next project? We can help. Symphonic offers multiple options to help fund your newest vision. In this post, we’ll give you everything you need to know…
Independent Funding Services with Symphonic
Independent Funding for Independent Creatives
Here at Symphonic, we pride ourselves on having options to fit anyone at any stage. Being able to fund your projects without breaking the bank is a major hurdle indies face at every level.
If you’re a Symphonic client, we can help you out.
Why should you consider funding?
- You can market more aggressively
- Compensate collaborators stress-free
- Run advertising campaigns
- Do physical promotions
- Have touring support
How does it work?
We are partnered with chordCash and Sound Royalties to give our clients expert funding options. In addition, we make the process as easy as possible by issuing advances directly to artists and labels that qualify via a quick application process.
What are your options?
Symphonic // We distribute music + provide funding! You own your rights and we recoup from royalties. No interest fees, subject to approval, diligence and conditions. Funding in weeks.
chordCash // Advance up to 8x of your annual streaming income. Keep 100% of your rights. Fees and conditions from chordCash apply. Funding in days to weeks.
Sound Royalties // Advances from $3k to $100k+. Keep 100% of your rights. Fees and conditions from Sound Royalties apply. Funding in days to weeks.
“Do I have to pay to apply?”
Nope. There is no fee to apply for funding.
“Do I earn enough royalties to work with you?”
Every situation is unique and is assessed as such. However, a general rule is to have some earnings to be considered for funding. We recommend royalty income of at least $5,000 a year to ensure that advances will recoup. Our partners have similar requirements.
“How fast can I get the advance?”
Most of our advances are funded in days or weeks, not months. Of course this is dependent on Symphonic’s receipt of the application and requested supporting documentation in a complete and timely manner. Our partners work along a similar timeline of funding projects generally within days to weeks.
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With this service, you get to retain the rights to your music while getting the upfront cash you need to succeed. Even better, our program is structured so that you continue to receive income — no 100% recoupment, as is typical in the industry.
🌱 Ready to get funding and grow?
Click here to learn more about funding with Symphonic and apply today.