Welcome to Mic Cheque™. An innovative service that offers music professionals like you non-credit based financing and funding without having to deal with banks or traditional lenders.
Talent is everything in the music business. But making the most of that talent takes a lot of money. And because songwriters and other music professionals rely on royalty paychecks that are delayed for many months, they often find themselves lacking the funds to fuel their creativity and drive their continued success. That’s a big problem. But you just found the solution.
You get to retain the rights to your music while getting the upfront cash you need. But it gets even better, because royalty financing is structured so that you still receive income — not 100% recoupment as is typical in the industry.
We believe gaining access to your own funds shouldn’t be slow and painful. That’s why we created Mic Cheque™. Unlike firms that scrutinize your credit, charge exorbitant fees — up to 19% or more — and can take months to fund, Mic Cheque™ offers a solution that meets your real-world needs.
$5,000 to $25,000 fundings (with custom options up to $10,000,000)
Industry-leading 1% per quarter rate (4% annually)
Royalty financing in a matter of days
We often find unpaid royalties, including digital and international royalties.
Royalty financing can be structured to allow you to keep income coming in.
You retain the rights to your music and don’t have to give up your copyrights.
We offer non-credit based financing and funding without having to deal with credit issues. Another benefit: it doesn’t show up as a loan on your credit report.
We’re fast — we can get you the funding you need quickly.
We offer customized financial options which can extend up to 7 years to meet your specific needs. That means you can get a larger amount with lower payments
We can fund anywhere from $5,000 up to $10 million.
If you refer someone to us and we work with your referral, we’ll pay you a referral fee up to $25,000.
12-month term (with the ability to customize up to 6 years)
One-time flat fee of only $695 (only if approved)
Non-credit based We use our own money to fund your transaction.Our relationship with you is strictly private and confidential.
100% recoupment is typical. That means that you must pay back all of the money advanced to you before you earn a dime.
You may have to give up control of your copyrights.
Banks or traditional lending institutions typically look at personal or business credit before considering financing. This could affect your ability to obtain credit in the future.
Banks and traditional lending institutions may not be accustomed to dealing with all the details of royalty payments. That could result in significant delays or even a denial.
The traditional industry standard is 12-18 months, which can limit the amount you’re eligible for.
Limitations on the term of your transaction may mean you won’t be qualified for as much money.
Most of our competitors don’t have a formal referral process. And those that do aren’t specific on what they’ll pay you.