LOS ANGELES, July 18, 2016 /PRNewswire/ -- Inception Media Group, LLC, a diversified media company specializing in the acquisition, development and distribution of entertainment content, has secured a credit facility from Templar Business Credit, a leading provider of working capital to businesses in the Western United States.
The credit facility has an initial two-year term and is scalable to support the continued growth of both the domestic and international divisions of the company. More specifically, the credit facility will be used to increase the acquisition and sales of proprietary programming and the expansion of third-party content distribution.
"Templar's financial support enables us to propel Inception forward through content acquisitions and the development of branded programming," said David Borshell, Managing Member of Inception Media Group, LLC. "We continue to forge new industry relationships and expand our established direct distribution capabilities."
The Templar credit facility provided to Inception was arranged and negotiated through George Lovato Jr. of BH Capital Ltd., a merchant banking and corporate finance consulting firm.
"Inception's management team is impressive and has a solid understanding of the evolving content distribution landscape, which will keep them at the forefront of the industry," said Allen Gold, a principal of Templar Business Credit. "We look forward to helping them grow and expand their business both domestically and abroad."
About Templar Business Credit
Templar Business Credit is a boutique direct lending financial institution focusing on companies throughout California and the Western States. The small executive team has seen or done almost everything in the finance industry during their varied careers. This includes managing $13 billion of institutional capital, turning around ailing companies, managing mergers and acquisitions, funding startups and 50+ years of combined experience in the commercial finance business. Templar Business Credit has local offices in Los Angeles, Santa Barbara and the San Francisco Bay Area. More information is available at templarbusinesscredit.com.
About Inception Media Group
Inception Media Group, LLC is based in Los Angeles and is a diversified media company specializing in the acquisition, development and distribution of motion pictures and other filmed entertainment across all media platforms and channels of distribution. Inception Media Group has extensive relationships with exhibitors, retailers, distributors and technology companies, enabling the Company to maximize the services performed on behalf of its content partners. The company boasts a catalog of over 150 filmed entertainment properties and more than 2,500 hours of digital content encompassing feature films, episodic television series, documentaries and special interest programming. Inception Film Partners, LLC, a foreign sales company and wholly-owned subsidiary of Inception Media Group, provides production companies and filmmaker's worldwide sales and distribution services to theatrical, broadcast, digital, home video and emerging media outlets. More information is available at inceptionmediagroup.com and inceptionfilmpartners.com.
SOURCE Inception Media Group, LLC