Advances

Writers can be forced to make difficult decisions in order to have cash flow in the short term. Often the only option available to them is a traditional publishing deal where they give up ownership or control of their copyrights for many years in return for an advance. These long-term arrangements can make sense for a development writer who finds a publisher who commits to invest in their career. Or, sometimes the need for a large payment up front is more important than any future flexibility or control.

However many rights owners want a financing alternative which bridges the gap between an administration deal and a publishing deal. The solution - Kobalt's advances offer innovative, flexible and inexpensive access to cash flow plus the freedom for the client to retain their ownership of rights. With easy and inexpensive financing, clients can choose their scalable, low rate to borrow funds when they need it and fast, without the risk of locking into long-term deal. If the future earnings are in the pipeline, advances can be taken several times, as and when the need arises. Because the rates charged drop back to low administration rates when advances are recoup-ed, clients can reduce their costs while still having the cash they need.