Music Advance for Artist & Label

Get cash advance on top the royalty wey go come, by project or by catalog. No interest and e no be loan — dem dey collect am back from your royalty.

Question wey plenty people dey ask.

Spilix advance na loan? Interest dey?

E no be loan. Na advance — Spilix dey buy forward portion of your future royalty. No interest. If revenue no reach projection, you no dey owe — na Spilix dey carry the risk.

How long advance dey take recoup?

E depend on advance size and streaming velocity. Project advance normally dey recoup for 6-18 months. Catalog advance for 12-36 months. After recoup, 100% royalty go flow back go you as usual.

Wetin if my catalog no recoup fully?

You no dey owe Spilix anything. Na us fully dey carry the risk. Na im make we dey evaluate well before we make offer.

Other advance fee dey?

No setup fee, no hidden fee. Spilix dey only earn the margin between the advance amount and the royalty wey recoup (normally 10-20% margin per case).

I fit apply for the two advance type?

Yes. Plenty artist dey apply for catalog advance first for working capital, then project advance for one specific big release.