Art Finance - Emigrant Bank

ART FINANCE

Alma Woodsey Thomas. Orange Glow. 1968. Acrylic on canvas, 29 3/4 x 49 inches (75.6 x 124.5). Howard University Gallery of Art/Washington, DC/USA © 2024 Estate of Alma Thomas (Courtesy of the Hart Family) / Artists Rights Society (ARS), New York Photo credit: Howard University Gallery of Art, Washington DC / Licensed by Art Resource, NY.

Designing bespoke loan solutions is at the heart of the Emigrant Bank Fine Art offering. We work hand-in-hand with clients at every stage of the process, releasing valuable liquidity at competitive rates.

What we offer

Term loans
Lines of credit
Stream of cash payments to the borrower

Client benefits

Liquidity at competitive interest rates
Quick and discreet source of funds
Tax efficient and cost-effective alternative to selling art
Diversification of assets

Case studies

CREATING LIQUIDITY AND CAPITAL GAINS FOR A FAMILY FOUNDATION

Client

Private foundation

Collateral

Exceptionally valuable, highly unique objects housed in a major museum

Objective

Generate cash flow and capital gains to achieve the foundation’s objectives

Solution

10-year term loan and line of credit to pay debt service

Outcome

Significant cash flow and capital gains to make profitable investments. The client had a major capital event, whereby the entire facility could be fully repaid. However, they decided to maintain a line of credit for future investment opportunities.

Jacob Lawrence. Struggle…From the History of the American People, No. 10: We crossed the River at McKonkey’s Ferry 9 miles above Trenton…the night was excessvily severe…which the men bore without the least murmur–Tench Tilghman, 27 December 1776. Egg tempera on hardboard, 12 x 16 inches (30.5 x 40.6 cm).

Photo credit: The Jacob and Gwendolyn Lawrence Foundation / Art Resource, NY