It is really very difficult to finance a film under three million dollars. It may seem strange but easier to finance a film that costs 10 million dollars. I found a really interesting blog on film finance written by Producer and Film Financing Expert Jeff Steele (Click here)
This is the very reason why we need to come up another method for financing films; which is exactly why I’ve created the Online Film Village concept. A business model which uses tribal storytelling concepts and allows the filmmaker to build an energized audience before the film has even reached the cinema.
Independent filmmaking is all about engaging with a niche market, a smaller, stronger fan-base of people who genuinely love your film. Interestingly this is also the way of the internet.