FilmHedge closed in March on a $5 million funding round and has a $100 million credit facility. FilmHedge, an Atlanta-based fintech launched in February 2020, provides liquidity to productions with budgets ranging from $1 million to $50 million. It follows a $100 million credit facility from Coromandel Capital and Fallbrook Capital in 2022, which helps FilmHedge finance projects. "We have access to $100 million, but we see around $70 million in applicants per month," he said, "so we have to pass on a lot of deals." FilmHedge gave Insider a look at the 18-page pitch deck it used while raising its $5 million Series A round and $100 million credit facility — check it out here.

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Persons: FilmHedge, Jon Gosier, fintech, May FilmHedge, Gosier, —, Axios, FilmHedge hadn't Organizations: Hollywood, Netflix, Entertainment, Variety, Lionsgate, Disney, Collab, WOCStar, Savannah College of Art & Design, TriplePoint, Coromandel Capital, Fallbrook, Media Locations: Atlanta, Coromandel, Hollywood