Film Finances Unclaimed

As the distribution guarantee only came into effect upon delivery of a completed film and lenders, whether the banks or the NFFC, needed assurances about the effective use of their money, the completion guarantee, which Film Finances pioneered, became a cornerstone of this new system of British film financing Completion Agreement This is the agreement between Film Finances and the production company for the film

Film Finances was founded in 1950, when producers of motion pictures were finding it increasingly difficult to borrow money because they could not show how they could meet budget overages. The founders of the company were film producers who knew there had to be a better way than mortgaging all they owned against potential budget overages.