Background
Our client owned a piece of fine art valued at around £4m and was able to provide the full provenance and ownership documents to validate the collection. Our client wanted to raise additional funds secured on this collection to enable him to secure other art pieces to then sell on for profit to repay the facility.
Solution
We arranged our client a £1m loan secured against the 19th century fine art collection, valued at £4m.
Loan Facility: £1m
Term: 18 months
Asset Value: £4m
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