The every increasing sophistication and speed of the global marketplace, as well as, the increased sophistication among buyers and sellers within the fine art market demands a more rational approach to providing financial and business services to market participants. ArtBanc® is the only one stop provider of financial and business services to the global fine art market. Our services have been designed to meet the needs and demands of the international dealer, museum and collector communities, while at the same time creating standards and systems that guarantee consistency in the performance and documentation of transactions within the market and increased transparency. We offer our services on a strictly confidential basis and/or on a public basis depending upon the desire of the parties. Our financial service offerings, corporate commitment, specialized services and installed systems resolve and mitigate many of the inherent and historical weaknesses surrounding transactions in the fine art market.
We desire to broaden and increase the ability to access the market place to an every increasing consumer base and stream line the acquisition and sales process for fine art. We provide our services as a strategic partner to international dealers rather than as a competitor to them combining their expertise and retail operations with our financial and business services.
Financial and Business Services
Trading Platform and Point of Sale Dealer Programs
ArtBanc® has created a flexible and dynamic dealer program of services, including the first global trading and point of sale financial service platforms designed for the international fine art dealer market. Admission of dealers and works of fine art to this closed trading platform is restricted to qualifying dealers and works of fine art. The trading platform enhances dealer trading opportunities by allowing qualifying dealers immediate access to a global market place of other dealers and their network of collectors, buyers and relationships. Additionally, the point of sale financial services of buyer financing and insurance services offered by ArtBanc® through the global dealer network are an enhancement to facilitate the buying and selling process via the trading platform. Dealers admitted to the trading and point of sale platforms receive enhanced revenue opportunities and access to other cost savings benefits. There is no cost for admission to the trading and point of sale dealer programs.
Dealer Financing
Structured financing for trading and inventory financing, revolving lines of credit and special sitatuions. Our focus is to design the right financing alternative to meet the needs of the transaction. Our indepth knowledge, expertise and understanding of international dealer operations separates ArtBanc® from the few financing alternatives in the international market place for fine art. We specialize in fine art operations and financing needs unlike any other bank or financial institution in existence. Additionally, our authentication expertise, proprietary research and valuation databases and global trading platform provides a global reach that benefits both the international dealer and collector community.
Dealer Cost Savings Program
In addition to the dealer programs designed to enhance the revenue and profit opertunities for international dealers and the structured finance programs to meet dealer financing needs, ArtBanc® has also used its negotiating power in the international market to negotiate preferential rates on several support services widely used by all dealers and other market participants, including domestic and international shipping rates for fine art, domestic and international small package shipping, insurance and technology and communication services.
Collector and Buyer Financing
Acquisition financing and collatoralized lending for both short and long-term periods. Our expertise in the asset class combined with our breadth of other financial services allows ArtBanc® to provide superior service and financing options to both the Seller and Buyer markets.
Fine Art Insurance
In addition to financing, we provide international fine art dealers, museums, collectors and corporations a wide array of insurance products and specialty services designed to safeguard and protect fine works of art and to mitigate the associated risks of ownership, shipment and exhibition.
Title Insurance & Other Specialty Insurance Products
In combination with our due diligence and provenance research services, we also provide title insurance and other specialty insurance products designed to mitigate the risk associated with change of ownership transactions. These insurance products have been specifically created by ArtBanc® for the benefit of collectors, buyers, sellers, dealers and museums to enhance the ability to facilitate change of ownership transactions and to secure bank financing within the international market.
Sell Side Representation for Collectors, Collections and Estates
ArtBanc® provides individuals, collectors, collections and estates seeking to sell works of fine art an array of financial and disposition options with respect to the sale of an individual work or an entire collection. Sell side representation transactions are represented on a confidential basis by our ArtBankers through our proprietary global trading platform to major international fine art dealers and their represented clients both in the US and Europe. We offer numerous options on such representation including either a guaranteed cash price, advances against works being offered for sale, and private auction of the works to optimal buyers in the international market place. Under our sell side representation engagements, we guarentee no conflicts of interest and complete independence on our representation.
Research Services
ArtBanc® is one of the few financial firms that performs and publishes economic research on the fine art economy. Our extensive research capabilities, proprietary data collection methods and expertise provides for the first time comprehensive economic information on the fine art economy and the participants within that economy. Additionally, our research groups in New York and London perform specialty research, authentication, provenance, valuation and other critical research services directed at the due diligence of buying, selling, financing and insuring fine art.
ArtBanc Title Registry
In conjunction with our insurance and financing operations, ArtBanc® has developed the first global title registry system to document ownership of works in the international fine art market and to record international liens on such ownership. The registry provides a global repository of ownership, liens, provenance and condition on works of art that can be accessed by international fine art dealers, auction houses, financial institutions and insurance companies that may be involved in change of ownership transactions on works of art. All works recorded in the registry must undergo our authentication and assessment protocols prior to registry. Once registered, ArtBanc® guarantees the accuracy of the information recorded on each work of art in the database.
New York
London
Dallas
(212) 572-4874
+44 (0)207 7849 6011
(214) 459-8255
ArtBanc® is a registered Tradmark of ArtBanc International, Ltd. and ArtBanc Management Company, LLC.