Answers to most commonly asked Royalty Advance questions can be found below.
Will you buy my copyrights in perpetuity?
No. When you sell your rights in perpetuity you may be giving up income coming in 10, 20, and even 30 years from now. Furthermore, that income won’t make a lot of difference in your purchase price. Call Sound Royalties now to learn how you can get the money you need and retain the rights to your music.
What is 100% recoupment, and do you offer non-100% recoupment options?
Yes, we believe in keeping money flowing through to our artists and songwriters. With most industry royalty financing, you won’t see another check until you’ve paid back that money in full. With Sound Royalties, most of our transactions allow for overflow income to be paid to you.
How quickly can I get my money?
The exact timing depends upon the payor of the royalties being transferred, but most of our transactions fund in days or weeks, not months.
Do I earn enough royalties to work with you?
We’re here to help everyone, but you need to have a minimum annual royalty income of at least $5,000 a year.
What if I’m already in an advance that isn’t recouped?
In most instances, we can pay off that advance, get you the money you need fast, and start your royalty income flowing to you again. Call us today to see if we can put you in a better deal.
What if I have bad credit or IRS issues?
Our transactions are not credit based and we can usually help even if you have IRS or other issues. Call today for a private consultation.
How can I get started?
Submit an application and let us show you what’s available to you. Then you’ll know your options and how much money you can access.
Who have you worked with?
Our program is strictly private and confidential, of course. However, we do have a number of clients who have given us permission to share their names with you privately, as well as several who have kindly provided testimonials. Please call us to ask for references.
What is your interest rate?
We offer a wide variety of financial arrangements to fit the individual needs of our customers. Because we structure most of our transactions as assignments rather than loans, we do not charge separate “interest” like a bank. The funds you receive from Sound Royalties may have fees and discount rates associated with them. The rate can be as low as 4% depending upon the amount of your royalties, the term of the transaction, and the investor risk associated with your transaction.
Where must my royalties come from?
We work with a wide variety of income streams including PRO’s (ASCAP, BMI, SESAC, and Sound Exchange), CD Baby, TuneCore, Facebook, Youtube, iTunes, and most publishers and labels. Call us to see if you can work with your stream.
What if I don’t have a history of receiving royalties, but my single is on the billboard charts?
Congratulations on your new hit! We know that it can take a year or more for current royalties to reach you, so we can provide you with royalty financing on those royalties in the interim. Apply Now
Do you offer referral fees?
Yes! Referral fees are our way of saying thank you. Please call us to discuss how our referral program works.
Do I have to pay a fee to apply?
No, it’s free! Simply complete our online application to receive a free quote.
How quickly will I know how much I qualify for?
Our appraisal process generally takes between 1-3 business days. As soon as it’s finished, we’ll have customized options ready for your review.
If I work with you, will the other cowriters or artists on a song know?