Background
Nicholas held a significant painting from a major British post-war artist, appraised at £800,000, but needed capital urgently to support a family business without selling the work, which had strong sentimental value.
Solution
We provided an equity release facility of £480,000 against the painting — 60% of its appraised value. The work was transferred to a specialist fine art storage facility in London and Nicholas received funds within four days of his initial enquiry.
Client comments
“They understood immediately that this was about more than money. The painting stayed in the family and the business was saved. I couldn't ask for more.”