FUNDING

A.R.T./New York provides a variety of financial resources to help theatres realize their creative potential.
103

Members served by our funding program in the 2011 fiscal year.

168

THOUSAND

Dollars in grants distributed in the 2011 fiscal year.

1.3

MILLION

Dollars in loans distributed in the 2011 fiscal year.

LOAN PROGRAMS


Short-term loans of up to $50,000 are available to full member companies in good standing. The size of your loan will depend upon company’s budget size, capacity to repay and loan history with A.R.T./New York. The current interest rate for new loans is 3.25%. The term of the loan can be no more than six months.

CASH FLOW LOANS

Cash flow loans are made against receivables for which the loan applicant has proof that the money will be received within six months. These receivables can include fee-for-service contracts, grant award letters, Equity bonds, and government contracts.

BRIDGE FINANCING

Bridge financing may be applied for when the loan applicant does not have proof of a specific receivable, but has a realistic expectation of receiving income to repay the loan. For example, this loan could be used to bridge box office or benefit income.

THE ELIZABETH STEINWAY CHAPIN REAL ESTATE LOAN PROGRAM

The Elizabeth Steinway Chapin Real Estate Loan Fund provides loans of up to $200,000 for theatre renovation, purchase, or construction. Real Estate loan requests are reviewed on a case-by-case basis, depending on availability of loan funds and the viability of the applicant’s project.


For information on any of these programs, contact Guy Yarden at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .