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Advice

Turn 1,000 Fans into $100,000

As Barrett Strong sings, “Your love gives me such a thrill, but your love don’t pay my bills. I need money. That’s what I want.” You’re an artist, you love creating works of art to share with your fans, but let’s keep it real, you need money too! Keep reading to see how you can...
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Advance to Possibilities: First Advance Checklist

Ready to apply for your first royalty advance? Read this post. Below are tips to ensure you are completely prepared. Trust me, being prepared will make the process a breeze. First Advance Checklist Have your current earnings in front of you – There is no doubt that the first question any company will ask you is: “What...
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Advance to Possibilities: Don’t Make These 4 Mistakes

Advance to Possibilities: Don’t Make These 4 Mistakes As we discussed in “Invest in the Best”, royalty advances can be a fantastic tool to further your career. Today, I will shed light on the nitty gritty of the mistakes artists make when they take an advance. The goal is to have their mistakes serve as...
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Advance to Possibilities: Invest in the Best

Advance to Possibilities: Invest in the Best Welcome to the first installment in “Advance to Possibilities.” As I mentioned last week the introduction to the series, the goal of the coming weeks is to answer all your questions regarding advances. So let’s get started! What Is an Advance? For our purposes, when we talk about...
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Advance to Possibilities: An Introduction

Advance to Possibilities: An Introduction FINANCING: The ultimate F-word. Financing, such as credit cards, advances & loans have gained a bad rap in our society. But does it have to be this way? I argue that financing, when used responsibly, financing can be a powerful tool in building your career. We live in a culture...
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Your Questions Answered: Navigating Online Distro and Streaming Options to Maximize Revenue

Your Questions Answered: Navigating Online Distro and Streaming Options to Maximize Revenue We just launched a new feature on our social media platforms where you can submit a question and Lyric Financial’s CEO Eli Ball will answer! Eli began his career as a producer, where he guided a range of studio and live productions from...
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Your Questions Answered: Making Smart Career Decisions After of Organic Success

Your Questions Answered: Making Smart Career Decisions After of Organic Success We just launched a new feature on our social media platforms where you can submit a question and Lyric Financial’s CEO Eli Ball will answer! Eli began his career as a producer, where he guided a range of studio and live productions from award...
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Fast Royalty Advances Keep The Music Playing

“Creating this advance system has given artists the capability of getting money they’ve already earned before it’s actually paid out,” Dawn Griffith said. “It helps them with [everything from] getting in the studio to finish projects to shooting videos to getting Photoshop done — everything to run their businesses.”
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Lyric Financial Moves Songwriters’ Finances To A Faster Beat

In this month’s Faster Payments feature story, Dawn Griffith, director of operations, explained how her company works to provide quick royalty advances to artists worldwide. The solution, she said, rests on ACH transfers, third-party integrations and a digital portal to bring quick processing to requests for advances.
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The Truth About Recording & Publishing Deal Advances

*Written by Lyric Financial CEO, Eli Ball, this blog was originally posted via ASCAP’s blog here. Congratulations, you’ve gotten your music career to the point that someone is offering you real money. Why? Because they believe they are going to make a lot more money off you and your music than they are advancing you. Nothing wrong with...
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