AFM: The Exchange Closes Credit score Line With Pacific Mercantile (Unique)

In a move that signals long term growth, The Exchange has closed a revolving line of credit score funded by Pacific Mercantile Bank to be utilized for potential acquisitions.

The self-funded enterprise is celebrating its five-year anniversary at the American Movie Industry.

The Exchange’s AFM line-up incorporates the documentary “Gleason,” “King Coba,” “A Street Cat Named Bob,” “Kickboxer: Vengeance,” “Kickboxer: Retaliation,” “Shimmer Lake” and also a pair of upcoming movies: Stephanie Laing’s “Irreplaceable You” and Justin Chadwick’s historical drama “The Lady and the Panda,” starring Rebecca Ferguson and Chinese star Liu Ye.

“This line of credit with Pacific Mercantile Bank will tremendously raise our acquisitions electrical power and enable us to take the firm for the next level with an even more powerful line-up at each market,” mentioned Brian O’Shea, CEO of the Exchange.

“The Lady and the Panda” centers on Ruth Harkness, the very first individual to bring a dwell panda from China on the United states of america. She was a whole new York socialite whose wealthy explorer husband died unexpectedly in 1936. She took in excess of his expedition to China, joined forces having a Chinese guide, and traveled into the uncharted Himalayas, where they rescued an orphaned child panda.

The Exchange to start with represented a Lacy Chabert romantic comedy “Slightly Single in L.A.” and has worked on “The Magnificent Now,” “Dear White Men and women,” “Bottle Shock,” “Rob the Mob,” “Swelter,” “The Last 5 Years” and “Wild Oats.”

O’Shea informed Wide range that the corporation, which has about a dozen personnel, is aiming to act like a one-stop store while in the independent sector by focusing on the myriad facts necessary to acquire movies from improvement to distribution.

“We are all about reviews, collections and transparency,” he mentioned. “We’re aiming to perform what IM International and FilmNation have finished. You definitely must do all the things well on this day - advancement, financing, sales.”

Mentioned Adrian Ward, entertainment industries division manager at Pacific Mercantile Financial institution, “We’re thrilled to continue our long-standing relationship with Brian and his team. The Exchange is a business on the rise and we come to feel privileged to become supporting them.”


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