Art - Case Study 2

Case Study: Pre-financing a sale

Art

A family of entrepreneurs identifies an attractive business opportunity, which requires a substantial investment at short notice. The family does not have the funds available and wants to sell four valuable artworks from their collection. The challenge is to achieve attractive sale prices under time pressure and maintain discretion.

WestendArtBank provides advanced financing for the sale of the four works through a 12-month loan secured against the value of the family’s remaining art collection that stays on display at the family’s private home. As a result, the family achieves its business investment at short notice, and has the time to place the respective artworks at the appropriate sales to obtain adequate prices and preserve the market value.

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