Outback Fight Club gets post-screening Offset loan
The Government credit agency Export Finance and Insurance Corporation (EFIC) has provided a Producer Offset loan to Mindful Films for the documentary series Outback Fight Club.
‘The loan shows how EFIC’s finance can work with other sources of funding to assist successful production companies like Mindful Media,” said EFIC executive director for SME, Andrea Govaert.
The $69,000 loan will assist with post-production, legal, business and marketing expenses.
Mindful Films is a special purpose vehicle production company jointly owned by producer Isabel Perez and writer/director/executive producer Paul Scott (Mindfulm Media). The project, which ecxplores the world of tent boxing, aired on SBS in January 2011.
‘Screen Australia and SBS helped us to finance production of the series, but we needed further funds to pay for post-production expenses before we will receive the Producer Offset through the tax system’, said Perez.
EFIC’s Producer Offset loans were announced in May 2010. Projects like Panic at Rock Island (Goalpost Pictures) have previously participated in this scheme.
