In my latest podcast, I speak with Peter Harvey, the CEO of Royfi.
RoyFi will advance artists capital on their future royalty earnings while allowing artists to maintain complete ownership of their catalogs. Royfi doesn't make loans, they provide advances, which means that the deal you sign with them will never change.
There is NO interest, NO late fees, and NO chance that you lose your catalog.
I was really excited to learn about Royfi and their service. In most industries gaining access to capital is straightforward, but for a variety of reasons, traditional lending sources have not been as accessible to musicians as they have been to other industries.
As we all know, getting paid for sync licensing can be a long process and there is always
considerable lag time from the time your music is used until you actually get paid for your music's usage. Utilizing a service like Royfi is one way to address potential cash flow problems while you're waiting to get paid.
Learn more about Royfi and how their service works in my latest episode of Music, Money & Life.
