Even though the Stage Two Cinema Pub missed hitting their $60,000 Kickstarter campaign goal to bring digital projection to Amesbury, the show will still go on, according to owner Donna Turbity, thanks the intervention of an area bank.
“It’s a happy ending,” Turbity said. “It’s great to know we are still part of Amesbury’s downtown community.”
Through Kickstarter, 222 backers pledged $22,010 to the family-owned cinema’s campaign to purchase a new NEC 900 digital cinema projector, as well as a new 7.1 Dolby cinema surround speaker system over the course of 56 days, but it wasn’t enough to make the dream a reality.
Enter Santander Bank small business relationship manager Amy Noel. Tasked with developing small businesses in the southern New Hampshire area, Noel read a March 14 Daily News article where Turbity shared her family’s dilemma as to whether they should try a fundraiser to purchase digital equipment or close its doors after 25 years on Main Street.
“Part of what we do is, we have people like myself who are out in the community and looking to help businesses grow,” Noel said. “So we have different types of capital loans and leasing programs.”
Noel contacted Turbity and Stage Two took advantage of her bank’s no-money-down lease program to finance the equipment.
“At one point we knew that it wasn’t going to work,” Turbity said. “But that is when the bank stepped in and after some paperwork, we knew that we could continue on. It was a relief too. We didn’t like the fact that we were reaching out for help. Fortunately, we found a banker that was able to support it.”
As per the Kickstarter rules, since the cinema pub didn’t reach its goal, all the pledges will be returned. But Turbity said she was bolstered by the support she received during the campaign.