Our client, a high-net-worth art collector, sought funding to acquire a rare modernist art collection valued at £2.4 million. The pieces included works from internationally recognised artists, with provenance documentation and auction histories that demanded careful appraisal. Traditional lenders were hesitant due to the volatile market for fine art and the specialist custody and insurance requirements.
Million Plus Private Finance conducted a full assessment of the client’s financial profile, including multiple income streams, investment portfolios, and international holdings. We coordinated independent art valuations and established insurance and secure storage solutions to satisfy lender requirements. Using this comprehensive information, we approached private banks and specialist lenders experienced in high-value asset-backed lending.
The bespoke loan was structured with interest-only repayments to preserve the client’s liquidity while enabling timely acquisition of the collection. Legal documentation, valuation reports, and lender submissions were managed seamlessly to ensure discretion and efficiency. The funds were released swiftly, allowing the client to secure the artworks at auction without delaying their investment strategy. This facility demonstrated the ability to leverage fine art as collateral while maintaining long-term wealth planning objectives.
This case demonstrates how fine art can be leveraged as collateral to release liquidity while remaining fully aligned with long-term wealth and collection strategy.
