EXCLUSIVE: Bondit Media Capital, which became an important funder for independent film and television during Covid, is partnering with Vancouver-based Arcana Studio to launch Bondit Canada Capital.Bondit will be the majority owner of an entertainment production and finance venture that will offer capital solutions to content creators in the film, TV, digital and commercial space.
It’s an extension of Bondit’s Santa Monica-based U.S. operation that provides financing against minimum guarantees, tax credits, corporate receivables and bridge loans.
Bondit, with sister company Buffalo 8 and ABS Payroll, also handles a range of back office functions for producers.“Having the benefit of business experience from both borrower and lender
Read more on deadline.com
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