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AFMA launches production loan guarantee scheme

The American Film Marketing Association (AFMA) has clinched a major new independent financing initiative, reaching agreement with Export-Import Bank Of The United States (Ex-Im) to furnish US AFMA members (producers and lenders) with film production loan guarantees.The agreement is revolutionary in that it guarantees the production loan and not the individual distributor contracts that make up the loan collateral, thus protecting lenders and producers against the vagaries of ...

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