You can access funds immediately without needing to sell your fine art. The loan is secured against your fine art which remains under your ownership for the duration of the loan. When you redeem the loan, your fine art is returned to you.

Furthermore, you can utilise existing pieces in order to grow your art portfolio either through acquisition finance, a sale and consignment advance or short term finance from a lender like us. By using your art collection as a form of collateral, you give yourself the opportunity to grow a valuable collection without selling any existing pieces. As the value of art can be expected to increase over time, art financing can be a lucrative way to release valuable capital and further other alternative investments.

No credit checks are carried out. We only verify the identity of the client to comply with anti-money laundering regulations.

Suros Capital is based in London, however we can lend to clients across the UK and sometimes Europe. Please contact us to see if we can assist with your enquiry.

We offer a sale advance product for clients who are actively selling or thinking of selling their fine art, want to receive the best price but are looking to realise the value as quickly as possible and don’t have the time or expertise to arrange the sale.

The key features include:

– Immediate cash sum to release most of the asset value.

– Our expertise and extensive network ensure the sale goes through the right conduit (auction/private sale) to achieve the best price.

– Removes the hassle of organising the sale.

We accept a wide range of luxury assets including, but not limited to luxury and classic cars, fine art, watches, jewellery and diamonds, fine wine, antiques and gold.

Fine art is appraised by our highly experienced and knowledgeable appraisals team who have worked for the world’s leading auction houses; Christie’s, Sotheby’s, Bonhams and Phillips. We also work with an extensive network of auction houses and external appraisal experts.

Funders fall into two main categories. Specialist lenders, who loan against art and other assets and banks, who as part of their service will give loans to their clients, using their art and/or other assets as collateral.

Banks
Raising funds conventionally from banks is likely to include checks on your financial status and that can be intrusive for those who do not want scrutiny and value their privacy. While some banks will lend against art specifically, it is likely that the maximum loan to value (LTV) will be no more than 40% of the valuation. If reputation is important then a bank can be a good choice but be aware of the scrutiny and if you want funding quickly, it might not be for you.

Specialist lenders
Some lenders are offshoots of mainstream banks and specialise in art lending. They also provide funding for auction houses which offer clients a means to purchase. Other specialists like us lend against a raft of luxury goods, including fine art. If you are looking for fast resolution then apart from an application form, there are no other checks. Once the art has been valued, funds are released on the same day.

An art collection or part of it can act as a valuable source of collateral when a loan is needed for an immediate purpose. This can be particularly important when traditional sources such as banks cannot move fast enough to meet purchase deadlines. Using works of art as collateral, apart from a simple application form, there is no requirement to provide any personal income detail, undergo credit checks or to have any other personal information subject to scrutiny.

All that we require is an assessment and valuation of the asset(s) being offered as security for the loan. Using our network of qualified experts, valuations can be conducted at our London offices or the assessments can take place at the home of the client or wherever the asset is being stored.

If you are looking to find out more about art finance, please read our blog article on The Growth of Fine Art Secured Lending.

According to Art Basel’s market report, between 2020 and 2021, the global art market grew by 29% with aggregate sales of art and antiques reaching an estimated $65.1 billion, surpassing pre pandemic levels. Since 2012, the Knight Frank Luxury Investment Index has shown that art has risen in value by 109%, so it is hardly surprising that art is considered to be not only a passion for lovers of the form but also a great investment.