Leveraging Your Art Collection
At U.S. Trust, our specialists can help you identify the equity in your fine art
collection and build a borrowing strategy to help meet timely objectives.
Borrowing against the value of your art and reinvesting the loan proceeds to fulfill
other financial goals can be an effective way to generate cash from an otherwise
static asset. Most important, when you work with U.S. Trust, you keep your fine art
collection on display in your home or other venue while it is being used as collateral.
You might consider using your collection to gain liquidity for:
- Acquiring additional artwork
- Financing business goals
- Taking advantage of other timely investment opportunities.
"You can borrow against your art collection for cash or equity to pursue other financial needs, from buying additional artwork to financing business goals."
John Arena, Senior Credit Executive
Always consult with your independent attorney, tax advisor, investment manager and insurance agent for final recommendations and before changing or implementing any financial, tax or estate planning strategy.
Credit facilities may be provided by Bank of America, N.A. Member FDIC, or other subsidiaries of Bank of America Corporation, each an Equal Opportunity Lender. All collateral are subject to credit approval and may require the filing of financing statements or other lien notices in public records. Asset-based and securities-based financing involves special risks and is not for everyone. When considering an asset-based and/or securities-based loan consideration should be given to individual requirements, asset portfolio composition and risk tolerance as well as capital gains, portfolio performance expectations and investment time horizon. For any loan with securities collateral, the securities or other assets in any collateral account may be sold to meet a collateral call as provided in the definitive loan documents and the client is not entitled to choose which securities or other assets will be sold. A complete description of the loan term will be found in the individual credit facility documentation and agreements.
Bank of America, N.A. and U.S. Trust Company of Delaware (collectively the "Bank") do not serve in a fiduciary capacity with respect to all products or services. Fiduciary standards or fiduciary duties do not apply, for example, when the Bank is offering or providing credit solutions, banking, custody or brokerage products/services or referrals to other affiliates of the Bank.