Evoke Entertainment has secured a senior secured production financing facility of up to $35 million from a multi-billion-dollar private credit fund, a move designed to expand its output across film and television. The revolving facility will support the company’s growing slate of independent features, TV movies, streaming films, and series, giving Evoke more flexibility to finance projects across multiple genres and platforms.
The deal is structured around contracted revenue streams, distribution agreements, tax incentives, and the value of Evoke’s existing library, along with the company’s historical production performance. According to the lender, which spoke on condition of anonymity, the partnership is rooted in its experience with structured finance, asset-backed lending, and entertainment investments. The financing is intended to provide scalable support for productions already tied to major studios, networks, and streaming services.
Evoke Entertainment CEO Stan Spry said the financing represents a significant turning point for the company, adding that backing from a major institutional private credit partner will allow Evoke to substantially increase production while continuing to focus on commercially driven, cost-efficient content for the global market.
The first projects expected to be financed through the facility include a slate of TV and streaming movies, among them a Christmas film for Hallmark and a survival thriller for Lifetime, as well as independent features such as Suburban Kings, Homesick, and Bali Hai.
Founded in 2011 and formerly known as Cartel Entertainment, Evoke is a full-service management, production, and finance company that produces more than 20 films and series each year. Its projects have appeared across platforms including Netflix, Hallmark, Lifetime, Tubi, NBC/Peacock, AMC, and Great American Media. Past titles include Creepshow on AMC, Day of the Dead on Syfy, Twelve Forever on Netflix, and the upcoming Breaking Bear for Tubi.
The financing underscores continued investor interest in content production backed by contracted revenues and established distribution pathways, particularly in the independent film and television sector. For Evoke, the facility provides new capital to accelerate an already busy production pipeline and deepen its presence across the entertainment market.
