Q: What information do I need to provide?
A: Simply fill out the brief client information form on this website and provide your royalty income statements for the past 3-5 years.
Q: How much revolving credit can I qualify for?
A: Your credit ceiling is determined by the viability of your royalty stream. There is no maximum amount.
Q: How is my loan paid back?
A: Your royalty stream is redirected to us, as an alternative payee, from your label. This temporary assignment satisfies the payments due on your loan. The temporary assignment terminates upon final payment.
Q: How quickly can I get cash?
A: In many cases, we can distribute funds within 48 hours of all loan documents being executed.
Q: How does the money get to my account?
A: The cash will either be wired directly into your designated bank account or a check can be made out to you.
Q: How long does my revolving credit line last?
A: Typically, our revolving credit lines are open for 3 months to one year. At the close of that period you enter the repayment phase.
Q: What if I have bad credit?
A: Even if you have a poor personal credit history you are still an excellent candidate for a revolving credit line. Our loans are based off the viability of your royalty stream.
Q: Am I personally liable for repayment?
A: Your royalty stream covers the repayment. We assume the risk related to the value of your royalties.
Q: Why do you require a report of my earnings history?
A: We base our calculations of the amount of capital we can lend from your earnings history.
Q: Do I need an attorney or an accountant to open a revolving credit line?
A: If you wish to have your accountant or attorney work with us on processing your royalty advance request, we will be happy to work with them.
Q: Once my revolving credit line is open. How do I withdraw cash?
A: You may notify us through our website advancedroyaltytracking.com or by phone at 877-351-1991.
Q: Are there any prepayment penalties?
A: We do not charge prepayment penalties. You will not be penalized for paying off your revolving credit line early.
Q: Will ART accept multiple assignments?
A: Yes, we will accept multiple assignments in order to give you access to a larger amount of capital.
Q: What type of royalties do you accept?
A: We accept all kinds of royalties. Any individual with a viable royalty stream can receive a revolving credit line whether they are a musician, artist, patent holder, author, publisher, etc.
Q: Does ART also purchase royalties?
A: Yes, if you wish to sell your catalog or royalty stream we can purchase it. Please contact an ART representative to discuss this option.
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