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Atresmedia and CREA SGR sign a collaboration agreement to facilitate access to financing for production companies

CREA SGR

The producers that work for the group Atresmedia may subscribe financing operations with CREA SGR in the best financial conditions on the market to launch their projects.

One of the biggest problems for production companies in the audiovisual sector has been obtaining the necessary financing to carry out their projects. CREA SGR is the only national reciprocal guarantee society specialized in the cultural and entertainment industries, which acts as a specialized interlocutor between companies and banking entities, obtaining financing lines under unbeatable conditions for SMEs.

This agreement between Atresmedia and CREA SGR consolidates the different actions that have already been carried out between the two Entities. CREA SGR has formalized 37 operations with 22 companies with the Atresmedia group, for an amount greater than 21 million euros. Among the productions financed by CREA SGR are Father there is only one (2 y 3), The laws of the Borders, The Perfect Family, The Grandmother, Live is Life o The Boarding School.

Under this collaboration, they will organize briefings about the agreement to provide information to production companies related to Atresmedia. Additionally, a joint commission has been created between the two parties for the correct functioning of the agreement.

CREA SGR's forecasts at the end of the 2022 financial year are participation in 545 cultural projects for an amount close to 190 million euros, which will represent an increase of more than 23.5% compared to 2021.

By, Feb 22, 2023, Section:Cine, Business, Television

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