Finstock Capital has launched a bridging product to enable film producers to get early access to their UK film tax credits.

The product will use the producer’s UK film tax credits as security for the loan.

Finstock has expanded into film tax credits for the same reason that it started offering research and development (R&D) bridging loans.

With regards to R&D, Finstock believed that there was a niche at the lower end of the market, where traditional banks were too slow and their overheads too great to be able to service smaller firms effectively.

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