PlatinumArt - ArtFlow Funding™
To bring back the cash flow into the art world.
To overcome the barriers to obtain art loans.
- For borrowers with weak or no financial strength
- For borrowers that refuse to sign personal guarantees
To mobilize the underutilized inventory of art dealers and
collectors and convert it into quick accessible cash.
What is ArtFlow Funding™
It is a form of factoring for the art market.
Non recourse - we look only at the art as our collateral.
ArtFlow Funding™ requires:
- No personal guarantees or personal banking statements.
- No financial statements of the dealer or collector are required.
- Funding can be achieved within 5-7 business days.
- PlatinumArt looks at the credit worthiness of the client’s fine art
and not his own credit.
How We Do It
We advance up to 50% of the value of the art.
Term from 6 to 12 months (gives enough time between auction
Transaction size typically from from $1 to $10 Million.