When the money comes back — who gets paid first?

Every investor asks two questions. The first is "how do I get my money back?" — that's the Recoupment Forecast. The second is "who gets paid before me, and who gets paid after?" That's the Waterfall. If you can't model the payout order, the investor can't sign. It's that simple.

loqyn's Recoupment Waterfall models contractual payouts from sales fees and expenses through debt, rebates, and equity — built directly from your Finance Plan. No disconnected spreadsheet. No manual reconstruction every time the deal structure changes.

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Start free on Spark. Waterfall available on Screen Radiant.

loqyn Recoupment Waterfall interface showing contractual payout order across deal positions

The Waterfall is the final document in the stack — built from your Finance Plan data.

When the money comes back, who gets paid first? If I can't answer that question with a document, my investor can't sign the term sheet.

A Recoupment Waterfall is the contractual payout order for a production — the document that specifies how revenue flows from the top (sales agent fees, distribution expenses) through the middle (debt, rebate recoupment, gap finance) to the bottom (equity investors, profit participation). Every party in the deal needs to see where they sit.

No budgeting tool models a Waterfall. No competitor offers one. Lawyers draft them in term sheets. Producers try to model them in spreadsheets. The result is a document that's disconnected from the Finance Plan, disconnected from the budget, and instantly stale when the deal structure changes.

The Waterfall is the document that converts investor interest into a signed deal — and it's built last, under pressure, in a spreadsheet
Deal structure changes require manual reconstruction of the entire payout order — one change cascades through every position
No budgeting tool includes Waterfall modelling — not Movie Magic ($42.99/mo), not any competitor at any price
Investors, lawyers, and sales agents all need to see the Waterfall — and each negotiation round means rebuilding it
The Waterfall must reflect the Finance Plan — but in a spreadsheet, they're separate documents that drift apart

Built from your Finance Plan

Model the payout order — update it as the deal evolves

The Waterfall auto-generates from your Finance Plan. Change the deal structure — the payout order recalculates.

Build your budget and Finance Plan

The Waterfall requires a completed Finance Plan. Your financing structure — equity, grants, offsets, debt, marketplace — defines the parties in the Waterfall.

Review the auto-generated Waterfall

loqyn builds the payout order from your Finance Plan data: sales agent fees and expenses at the top, then debt and rebate recoupment, then equity investors, then profit participation. The structure follows standard industry convention.

Adjust as the deal evolves

Negotiation changes the terms. A new investor comes in. The sales agent fee adjusts. Each change to the Finance Plan flows through to the Waterfall — no manual reconstruction.

Export for deal discussions

Professional PDF export — ready to share with investors, lawyers, and sales agents. The document that turns a conversation into a term sheet.

The deal document — before and after loqyn

Without loqynLawyer drafts the Waterfall in a term sheet. Producer tries to model it in Excel. The two don't match.

With loqynWaterfall modelled directly from the Finance Plan. Both documents reflect the same deal structure — always.

Without loqynNew investor comes in. Payout positions shift. You spend a day rebuilding the spreadsheet.

With loqynUpdate the Finance Plan. The Waterfall recalculates every position automatically.

Without loqynInvestor asks "where do I sit in the Waterfall?" You need to check and come back to them.

With loqynOpen the Waterfall. Their position, recoupment priority, and payout terms — all visible. Export and send.

Available on Screen Radiant

The document every investor asks for — and no other tool builds.

Screen Radiant gives you the complete operational finance stack for funded productions. The Waterfall is the final piece — the document that sits at the centre of every deal negotiation and every investor relationship.

No competitor offers Waterfall modelling. Most producers build them manually. loqyn builds it from the Finance Plan that's already connected to your budget.

Screen Radiant

For funded features & series

Everything in Ember, plus production operations

Includes

Recoupment Waterfall
Cashflow
Drawdown Schedule
Cost Reporting

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From Finance Plan to term sheet

Model the payout order. Close the deal.

Start free on Screen Spark. Build through the finance stack. Upgrade to Radiant when the deal is taking shape and your investor needs to see where they sit.

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No installs. No spreadsheets. Cancel anytime.

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