Completion Bonds
Specialized project protection for qualifying film and entertainment productions.
A guarantee that the project gets finished and delivered.
A completion bond, also called a completion guarantee, is an agreement issued by a specialized completion guarantor. It assures a production’s financiers that the project will be completed and delivered according to the agreed script, schedule and budget, or that they will be protected if it isn’t.
Lenders, investors and distributors often require one before they release funds. Because the guarantor takes on responsibility for completion, it reviews the production closely before agreeing to bond it, and may have the right to step in if a production goes significantly off track.
Who usually requires it
Lenders, equity investors, pre-sale distributors and sales agents financing an independent production.
What the guarantor reviews
Script, budget, schedule, financing plan, key creative and production team, locations, contingency and the production insurance program.
Is it insurance?
No. It is a guarantee issued by a completion guarantor. It works alongside, not instead of, a full production insurance program.
Cost and terms
Fees and terms are set by the guarantor and depend on the project. Approval is never guaranteed.
From project to bond, step by step.
TLX Risk helps prepare and coordinate your review. The completion guarantor makes every approval decision.
- 1Project IntakeShare the essentials about your project.
- 2Document ReviewScript, budget, schedule and financing plan.
- 3Production AssessmentTeam, locations, risks and insurance.
- 4QualificationFit with guarantor requirements is assessed.
- 5Guarantor ReviewThe guarantor evaluates and sets terms.
- 6Bond & ClosingIf approved, the bond is issued for financing close.
Start a Completion Bond Review
About five minutes. No documents needed yet.
- A specialist reviews your project
- We tell you what the guarantor will need
- No cost or obligation to start
Completion bonds are issued by independent completion guarantors, who determine eligibility, terms and fees. TLX Risk does not issue completion bonds and cannot guarantee approval.
Need production insurance too? Start a production quote.