Symphonic has partnerships with several funding solutions to help artists advance in their careers while retaining their ownership.
Access to funding is limited strictly to Symphonic clients.
Read our articles “The Truth About Advances” and, “How To Determine Artist Advances” for additional detail.
Applications for our funding solutions are below. Certain criteria must be met for each option so please be sure to fill out your application as accurately as possible.
There is no fee to apply.
Every situation is unique and is assessed as such however, a general rule is that you have to have some earnings to be considered for funding. Symphonic recommends royalty income of at least $5,000 a year to ensure that advances will recoup. Our partners have similar requirements.
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.
Every funding opportunity is unique and structured to mitigate risk to the lender. Symphonic has more flexibility around interest and fees in addition to conditions specific to your distro deal that would come along with an advance. Our partners operate with similar conditions and, in addition, may have certain fees and rates depending on the funding opportunity.
Symphonic knows that one size does not fit all in matters of funding your career progression. We offer a variety of options so that our client base can achieve their full potential.
Symphonic issues advances directly for artists and labels that qualify via the application process. Additionally, we are partnered with chordCash and Sound Royalties to give our clients even more funding options. Please read more about each option below.
You get to retain the rights to your music while getting the upfront cash you need. Even better, our program is structured so that you continue to receive income — no 100% recoupment, as is typical in the industry.
