About
We have unique solutions to assist galleries, private collectors and foundations obtain lines of credit. A useful way of generating income or offsetting the loan cost is allowing the use of rent of an existing art collection where the end client could be company or art collector who could be given the option to purchase.
Auction advances are also a possibility for clients who need immediate funds prior to sale at auction, our boutique panel of banks, family offices and UHNW lenders will accept most regional and major auction houses can lend upto 60% LTV.
- The benefits of having a credit facility is the realised business benefit of being able to rapidly draw down on a credit line flexibly without having to submit a new credit application.
- For collectors, foundations and art dealers, a portfolio of heterogeneous art works can be placed into a fund which other investors can speculate into with our securitization specialists.
- Allows galleries and private collectors in particularly to utilise all financial assets ; pay down facility as other assets are sold, increase inventory for further sale as needed.
- Future art collateral can be increased as inventory changes or matures to increase credit availability
- Art can also be converted to as an asset-backed security if the purpose of the credit facility is to be used for the longterm as part of a wider business strategy for future acquisition.
