Blue Fox acquires Crossroad Lending, launches digital finance hub | News

LA-based sales company and distributor Blue Fox Entertainment has acquired Crossroad Lending and formed digital film financing hub Blue Fox Financing.

Patrick Rizzotti developed and created Crossroad Lending services to connect filmmakers with a database of film and television lenders and equity financiers and was designed with producers in need of cashflow for films gearing up for production and financial institutions and individual investors in need of low-risk lending sources.

Blue Fox Financing will focus on US tax credit loans, gap/supergap loans, US minimum guarantees and/or foreign pre-sales and estimates.

Huntsman, who launched Blue Fox Entertainment in 2015, said while Blue Fox Financing was “a natural extension” of his company’s sales and distribution business it would be run as a stand-alone company overseen by Rizzotti.

The latter also founded Crossroad Productions and his feature film credits include Pride starring Terrence Howard, the Collector horror franchise, and psychological thriller The Super with Val Kilmer.

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