What We Invest In
Fortera deploys principal capital into structured lending opportunities backed by assets with quantifiable, contractual value. Our primary focus is senior secured lending against production tax credits, pre-sale distribution contracts, and minimum guarantee agreements. We also structure hybrid and mezzanine instruments where the risk-return profile warrants it, and participate in selective equity co-investments alongside institutional partners.
Our launch vertical is film and television production. The platform is designed to expand into adjacent verticals as analogous contractual cash flow structures emerge.
How We Structure
Senior Secured Lending — First-lien positions backed by tax credits and receivables. Short-duration, asset-backed, with collateral that is legislatively mandated or contractually committed.
Hybrid & Mezzanine — Subordinated or preferred capital positions for larger or more complex transactions. Every structure begins with a downside-protection framework.
Co-Investment — Equity capital deployed alongside institutional partners into transactions where production, distribution, and financial fundamentals align with our underwriting standards.
How We Source & Execute
Fortera originates directly through relationships with producers, production companies, sales agents, attorneys, and industry intermediaries.
Source — Identify and qualify opportunities through direct, relationship-driven origination.
Diligence — Underwrite the asset, the team, and the cash flows at a granular level — including tax credit eligibility and jurisdictional rules, chain of title, distribution and sales agent agreements, production budget forensics, insurance and completion bonds, key talent attachments, and comparable project performance.
Structure — Design capital solutions calibrated to the underlying assets. Purpose-built for each transaction.
Close — Fund and manage through completion. Pre-built documentation, streamlined diligence frameworks, and principal capital deployment through a single decision-making layer allow Fortera to move from term sheet to funded close on a timeline measured in days, not months, depending on transaction complexity and diligence requirements.
Team — Combined experience across structured finance, capital markets, deal execution, and entertainment industry operations. Detailed bios are provided in the Team section.
Check Size & Geography
$500,000 to $10,000,000 per transaction. U.S.-based productions with completed or in-process tax credit applications, pre-sold distribution, or equivalent contractual cash flows. Priority jurisdictions: Georgia, New York, Louisiana, New Mexico, Illinois, and New Jersey.
