Art as loan collateral: What lenders want

By Aaron Milrad ( September 11, 2019, 10:36 AM EDT) -- You are a collector in Canada of Canadian and international art and now have an opportunity to purchase another important artwork for your collection. You do not have ready cash. You do not want to tie up your personal or business credit, since it may be needed for other purposes. You think about whether you can utilize your existing art collection as collateral, normally a non-revenue generating asset.  ...