This week Skate’s took a look at the market for loans backed by art, and estimated that there are around $3 billion of such arrangements on the books. The above graph takes a look at terms that are offered by various lenders in the niche industry, with minimum-loan sizes at top and the range of interest rates below. Note that in the case of some boutique firms—Willstone, Right Capital, and Tutela—it is not clear how active they are in issuing loans, but their self-reported statistics have been included.Skate’s is the art business intelligence unit of ARTnews S.A.
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