FREQUENTLY ASKED QUESTIONS
Q: What kind of art do you deal with?
A: We work within all segments of the art market ranging from Old Masters to Contemporary Art. Liquidity of the art being a main criteria.
Q: Which art do you buy and lease?
A: We currently either buy art clients wish to lease or art they already own and want to finance.
Q: How does your art loan program differ from leasing?
A: The underwriting process is similar however our art loan program is for those looking for shorter term financing, typically 6 months to 1 year.
Q: Where will the art be stored for the duration of the financing?
A: With a sale-leaseback the lessee maintains possession in most cases. With an art loan, Artemus will arrange for the work to be stored at an agreed upon location.
Q: What are the financing rates?
A: We offer single digit rates. The rates are derived from the collection’s fair market value and liquidity.
Q: What is the duration of a typical transaction?
A: A sale-leaseback is usually 5 to 10 years. However, the client may terminate it at any time during the lease through the buyout option. An art secured loan is typically 6 months to 2 years.
Q: Who pays for insurance?
A: Insurance coverage is arranged by us and the cost is added to the clients expenses.
Q: Who are your clients?
A: Our clients are private collectors, art dealers, art investors, corporations, hospitality groups and real estate developers.
Q: Where do you operate?
A: We are located in New York City but our services are offered globally.