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Tag Archives: art as collateral

Short Term Loans Against Fine Art and Antiques

The following is a guest post. If you would like to submit a guest post, please contact me.  Many people like to hang art in their houses and have a couple of antiques on display in the hopes that they will beautify their homes. What they may not realize is that they have a potential goldmine available to them if they want to take short term loans. More and more often, people are using their art and antiques as collateral to get short term loans so that they can go on holiday, repair their cars, pay their bills, or even beautify their homes further. People often inherit art and antiques, or find these pieces in stores, but they sometimes don’t realize the value that they have at their disposal. With those items, getting a short term loan is pretty easy. All you need to do is take the items to a company that offers short term loans for an assessment. Many companies will even come to your home to assess larger items, or those items you don’t feel comfortable transporting for security reasons. They will assess the item and determine its worth, and give a short term loan based on ...

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