Being a part of the music industry is like no other job. There’s a creative energy and a passion for breaking new ground that drives everything. But it can be unpredictable, especially financially, which can make planning for your future a constant challenge.
At First Horizon Bank, our art is taking the disconnected and sometimes confusing parts of your financial life or that of your business and blending them together in a way that feels like pure harmony. Our Music Industry Group is dedicated to serving the music industry exclusively and has extensive, hands-on experience hitting the right financial notes for our clients.
BUSINESS SERVICES | PERSONAL SERVICES |
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Lines of credit for seasonal needs (i.e., touring line, festivals, etc.) | Personal deposits |
Term loan for facilities expansion | Foreign currency exchange |
Structured credit for catalog acquisition and songwriter contract advances | Family office services, offering a fully outsourced solution to managing the financial and investment needs of an affluent individual or family |
Equipment financing for staging, lighting, studio equipment, tour buses, tractor trailers, FF&E, etc. | Interest rate swaps |
Commercial credit facilities | Investment management services |
Aircraft financing | Mortgages |
Royalty advance loans | |
Intellectual property financing | |
Music business investments and acquisitions | |
F/X exposure | |
ACH risk exposure | |
Letters of Credit | |
Commercial Deposits | |
Treasury Management |
Treasury Management
Equipment Leasing