Cashet Cards, a new credit card targeting independent film and TV productions hit the market Thursday, offering 1 percent cash back on purchases, vendor discounts and custom cost controls. "We'll give credit to the production," Paul Rogers, chief operating officer of Cashet told TheWrap. Producers often use personal plastic on passion projects because individual film or TV productions aren't able to generate a large enough credit profile to qualify for major card accounts. The company, based in Los Angeles, is supported by completion bond giant Film Finances and Europe-based Fintage House. Also read:...
- 7/26/2012
- by Todd Cunningham
- The Wrap
A new credit card customized for independent movie and TV productions is being offered by a joint venture of competition bond company Film Finances and financial services company Fintage House. The card, called Cashét (pronounced kaˈSHā), is for productions formed as single use corporations or LLC’s which have no prior credit history, which can make it hard to get cards. It offers productions a one percent cash back bonus on all purchases. “For the first time there’s a card that pays money back to a company in the production world,” says Paul Rogers, who recently left Fintage to be
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- 7/26/2012
- by Alex Ben Block
- The Hollywood Reporter - Movie News
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