Thursday, June 4, 2009

Mechanical Royalty Advances Now Available

I am proud to announce that we are now funding advance requests for writers and publishers who have agreements with the major publishers, UMG, Warner Chappell, EMI and Sony. Over the past year, LYRIC Financial has received over 500 requests from songwriters, artists, producers, and publishers for advances on their performance royalties. Many of you requested that we consider working with your other royalty streams as well. So, last fall we began working on expanding our royalty advance program to include mechanical royalties. While mechanical royalties are not as strong as they once were, they are still a significant source of income to many writers and publishers. We have worked diligently to create the same simple, safe and transparent process as we have for performance royalty advances.

Go to our website today to apply for your mechanical royalty advance
www.lyricfinancial.com. Minimum request size is $25,000.