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Three Funding Functions

At present, theatre fundraising primarily relies on Angel investors and is time-consuming and highly risky. Producers spend too much time raising funds, and share too much of their potential profits to attract investors against this risk.

To address this, Precision offers a fund for theatre investment with three core offerings at different risk levels.

Secured Lending

Funds will be lent to productions against secured income (UK Theatre Tax Relief, Bonds, VAT returns) for a fee of between 6 and 10% (depending on assessed risk) against annualised interest of Bank of England rate plus 5%.

Application Process

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Mezzanine Lending

Priority non-recourse lending to productions for a first call on operating earnings to be repaid with a 15-25% fee (with Bank of England rate +5% interest charged after 1 year).

Application Process

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Equity Investment

High-risk, high-reward investing in productions - retaining the proportionate balance of profits once other creditors are repaid.

Application Process

Recipient Requirements for all Functions

In order to receive funding from the Precision Theatre Investments, recipients must meet the following requirements:

Be a UK registered company with limited liability
Have a specific production planned. Proposal requirements will include budgets, technical specifications and requirements, and a production plan
Company beneficiaries must be over the age of 18
Both company and company directors must not be bankrupt or have been convicted of any crimes related to financial, business, or corporate practices
Company must pass basic Anti-Money Laundering checks

Precision Theatre Investments reserves the right to disqualify a borrower due to business practices deemed to be improper. Precision Theatre Investments may request an audit of any connected entities or individuals receiving financing.

Image credits: Danny Kaan (RIDE 2023); Furmaan Ahmed (TRAPLORD 2024); Pamela Raith (The Book Thief 2022); Scott Rylander (Spring Awakening 2018)