FAQ

I am concerned about my privacy.
How secure will my personal information be?

Firm Capital Art Finance Corp. is a subsidiary of Firm Capital that maintains the highest standards of confidentiality.

Do I keep ownership of my art?
Yes, clients retain ownership of their art.  In certain situations, for the duration of the credit facility, the artwork may be housed at a mutually agreed upon 3rd party art storage facility.

How much do you charge?
We offer competitive interest rates. The specific rate depends on the financial strength of the borrower, the quality of the collateral, and the loan terms and structure.

How much will you lend me?
Our minimum loan size is $200,000. Generally we will lend up to 50% of the value of the collateral as determined by a third party valuation or auction house auction guarantee amount.

Do you lend internationally?
Yes. We originate transactions in Canada and the US, US loans are denominated in Canadian Dollars.

How long does it take to arrange a loan?
Approval within 5 days of receiving required underwriting information, funding is 2 weeks later subject to solicitor completing required security.

Do you work with clients’ advisors?
Yes. We will work with private bankers who assist client to access funds, wealth managers, accountants, attorneys and art advisors.

Do you offer customized loan programs?
Yes, we can offer term loans and lines of credit. Firm Capital Art Finance Corp. can tailor a loan to meet your specific needs.

Contact us at (416) 635-0221 for a confidential consultation.