F.A.Q

Q: Is ProMusic Royalties a start-up, angel, or venture capital company?
A: No. We are a privately owned and funded financial group that advances cash primarily to musicians and their heirs based on their future royalties. The funds can be used for any purpose without restriction.

F.A.Q

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Q: Do you only offer cash advances on music, movie, and song royalties?
A: No. We will pay cash advances for almost any type of royalty: software, inventions, intellectual property, toys, games, sports, etc.

Feel free to contact us if you're currently receiving other types of royalty payments that you would like to explore getting a cash advance on.

Q: Will I ever lose ownership of my royalties, copyrights, or works?
A: No. You will always maintain full and complete ownership of all your royalties and your copyrighted works. Unless, of course, you decide to sell.

Q: How quickly can I expect to receive my royalty advance?
A: Royalty advances usually close within 3 business days after we have processed all of your paperwork. We always work as fast as possible so the sooner you get us the documents, the sooner you'll get your money.


Q: Will I have to pay an application or processing fee?
A: No. It costs you nothing to request an advance. We don't make our money by charging upfront fees.

Q: Do I need to have a good credit history to get an advance?
A: No. We never look at your credit rating.

Q: Do you buy mechanical rights?
A: Yes, but we typically don't unless...

1) there is significant performance or synch income as well;
2) there is a large and steady annual income;
3) there is a longstanding earnings history.

Q: Do I need to live in the United States?
A: Yes. We only offer advances to royalty earners in the U.S.

Q: How will you determine the size of my advance?
A: The size of your royalty advance is based upon the gross annual amounts of the royalty payments being sold. In general the more you earn, the larger your advance can be.

Q: How much of my royalty income can I borrow against?
A: The max. size of your advance will depend on how much is earned annually; which company is issuing the payments; how often the payments are made; the source of the royalties; how many payments we buy, etc.

Q: What type of documentation is needed?
A: To begin, fill out our online form and we will give you an estimate. If you want to proceed we'll need to see the last 3 to 5 years pay history of the royalties being sold. Once we review the returns we will let you know how much we can advance you. For buyouts we pay up to 7 times the anticipated annual gross: $700,000. for $100,000./year.

Q: Do I have to completely pay back my advance before I can request another one?
A: No. If you have additional royalties you may request an advance against them.

Q: Do you cash out or buyout royalties?
A: Yes. We offer both full buyouts and cash advances on royalties.

Q: Do you pay referral fees?
A: Yes. We pay good money for referrals on new clients. If you know someone who may be interested in getting an advance on their royalty payments, contact us to discuss how you can receive compensation.
If the same lead comes from two people, then the first one takes it.

Q: Can I pay off my advance without a pre-payment penalty?
A: Yes.

Q: Are there any limits on how much you advance?
A: Yes. We generally advance between $10,000. and $50 Million. If you want more than $50 Million, please call us to discuss your interests.

Q: Can I sell half of a future royalty, or do I have to sell all of it?
A: Yes. Split sale options are available to royalty owners who qualify.

Q: Will I have to pay taxes on my advance?
A: In most cases advances and loans are not classified as taxable income. But you should always consult with your own accountant as State laws can and do vary. Some areas may classify an advance as taxable income.

Q: I'm having problems with some of my creditors. Can you write me a letter on company stationary that I can show them that says you are giving me an advance?
A: Yes. We can write a letter to help you out with your creditors. Call and ask about a Creditor Letter.

Q: How do I get started?
A: Just use our easy online application form and we will get back to you with our quote.