Accelerate Financing

Accelerate your cash flow

Purchase of receivables

  • • Sponsorship contracts

    • Endorsement deals

    • Invoices for purchase orders

    • Sales commitment letters

    • Grants

✔️ C15 can purchase these receivables from you and advance you the funds committed from these obligations. 

✔️ You will assign said receivable to C15 with a notice to pay document signed by the obligor, so funds are paid directly to C15. 

✔️ Usually these are short term advances between 6 - 12 months within a range of $50,000US to $300,000US

✔️ There will be a fee and interest rate attached to each transaction, customisable to the project. 

✔️ Transactions that are not paid back in full at maturity date will be charged a post maturity interest (PMI).

  • • Client application form

    • Fully executed receivable documents

    • Business incorporation documents

    • List of signatories and copies of 2 picture IDs from same

    • Bank statements for 6 months

    • Banking information

    • Business plan

    • Company profile

    • Other information as required

Special Notice for the Trinidad & Tobago  Film Industry : 

C15 will finance the approved certificate from the Production Expenditure Rebate Programme from FilmTT up to 80% of the value of the promised rebate amount for a tenure of one year from date of approved certificate. 

Consideration will be given to financing the provisional certificate of rebate from the Production Expenditure Rebate Programme once there is collateral attached as security until the approved certificate is received.