The Art Market Adjusts: Banks Loan Consideration in Times of Market Dips
“A true real asset art loan (meaning a loan secured solely by art, without extensive borrower financial assets/liquidity tests) is very attractive for owners of high value art (and jewelry) because it’s a very straightforward way of releasing capital in short order, at a time where access to fast liquidity is so valuable for many people.”
CEO Art Finance and Group General Counsel of The Fine Art Group, Freya Stewart, speaks to Patricia Lee at Withersworldwide and discusses bank loan liquidity opportunities and current art loan challenges.
Read the article in full here.
