Financing Creativity in Nigeria's Entertainment Sector
Sterling’s Entertainment Business Finance provides financial support to Nigeria’s media and entertainment sector with a focus on music and films. It aims to foster growth, enable creativity, and contribute to a robust ecosystem.
Three Pillars of Impact:
Our commitment is realized through three pillars of impact.
We empower individuals in the industry by supporting training programs and workshops.
We actively contribute to the diversification of the Nigerian economy by supporting the growth of the music and film sectors, expanding economic opportunities, and promoting sustainability.
Our team of seasoned financial experts provide comprehensive advisory services, offering insights and strategic financial planning that ensures the success and sustainability of projects within the media and entertainment space.
Direct Lending
We extend financial support to creatives in the entertainment industry through direct lending at favourable commercial rates. Utilizing Intellectual Property (IP) as security, we ensure accessible and tailored financing solutions.
Equity Investment
We invest in projects through equity financing, taking a stake over a specified period. This approach not only provides financial support but also aligns our interests with the success of the project.
Investor Matching
We connect entertainment industry stakeholders with investors, allowing investors to receive a stake in the Intellectual Property (IP) in return. This collaborative approach promotes shared success.
On-Lending Facilities
Leveraging funding sources such as international Development Finance Institutions (DFIs) and government-backed agencies like CBN, BOI, LSETF, we aim to bolster sustainable growth within the entertainment sector.
We’re With You!
Your project is not just another file. Our tailored strategies ensure your success story aligns perfectly with the beat of the industry, contributing to the enduring vibrancy and triumph of Nigeria's media and entertainment sector.
What We've Achieved
We supported the Music Business Academy program for 2 years - 2020 and 2021 in our bid to contribute to capacity building in the music space. The bank sponsored 60 students in 2020 and 20 women in 2021 as part of the MBA women's fund - an initiative to get more women in the industry
Partnered on a World IP Day online seminar in 2022, sensitizing upcoming creatives on the importance of IP.
We collaborated with Inkblot Productions and ShutterSpeed projects on a feature film titled “BIG LOVE.” The movie was released in cinemas in June 2023, it grossed 50 million Naira at the box office and was on the number 1 spot on Prime Video Naija for 3 weeks.
We financed 'THIS IS LAGOS,' a film by the acclaimed Kenneth Gyang, known for his work on 'Blood Sisters' currently on Netflix. The cinematic debut was in December 2023, and the movie premiered at AFRIFF on November 9, 2023, securing the prestigious 'Best Performance by an Actor' award.
Joining forces with FilmOne, Trino Motion Pictures, and Tribal Marks Media, we financed and co-produced the 'BANK ALERT.' Starring Okey Bakassi, who also takes on the role of executive producer, the film hit cinemas on November 24, 2023.
Provided a grant to C. J. Obasi for his film, "MAMIWATA," which went on to win the "BEST CINEMATOGRAPHY" award at the Sundance Film Festival.