COMING FALL AUCTION SEASON 2008
ArtLoan’s auction financing is unique in most every respect. Designed by a global team of dealers, specialists, collectors, auction professionals, and finance experts, our Auction ArtLoansTM make auction financing available to all types of bidders: from savvy, auction-knowledgeable dealers and buyers to novice collectors just entering the field. Our method of pre-qualifying auction property prior to a sale is one of the most unique aspects of our auction financing model. Simply consult a gallery’s auction catalog for the item(s) you want to purchase and then consult our website to see how much we will lend on the property, the projected interest rate for the loan, and any other terms and conditions that may apply to the property in question. While many types of property meet our underwriting guidelines for auction financing, not all items will qualify. Generally speaking, in order to qualify for an Auction ArtLoanTM, property must meet certain minimum value requirements. Size, weight, handling and storage restrictions may also affect our lending decision.
By pre-qualifying auction lots for financing, ArtLoan clients can quickly and easily formulate their bidding strategies and assess their auction purchasing power. We look forward to becoming your bidding partner.
