Skate publishes Top 10 Art Lenders


For picture credit, see end of article.

After yesterday’s debut of Skate’s Art Loans Database, the intel company have now released an initial database of the world’s top ten art lenders.

The lenders are ranked by the number of UCC filings in the United States.

Sotheby'sSotheby's, Sotheby's Financial Services Inc, Sotheby's Financial Services Hong Kong, Sotheby's Financial Services California403
2Christie'sChristie's Inc, Christie's Private Sales Limited295
3Art Finance CompanyArt Finance Funding, Art Finance Partners108
4BorroBorro, Borro L179
5Art Capital GroupArt Capital Group, ACG Capital Company, ACG Credit Company, ACG Finance Company, Fine Art Finance63
6Edelman ArtsEdelman Arts, Asher Edelman & Associates, Art Assure49
7Rauschenberg FoundationRobert Rauschenberg Foundation, Untitled Press Inc, Robert Rauschenberg Foundation Community Works41
8JPMorgan ChaseJP Morgan, JPMorgan Chase39
9Emigrant Bank Fine Art FinanceEmigrant Bank Fine Art Finance17
10PhillipsPhillips, Phillips Auctioneers, Phillips de Pury & Co16

Source: Skate’s Art Loans Database

Skate said: “Sotheby’s is the clear market leader, though we are in the process of collecting more information on multiple bank loans secured with art collateral and expect Emigrants, Citibank, JP Morgan, Bank of America, Wells Fargo, and a few other banks to feature much more prominently in our ranking once this effort is completed.”

Skate expects to have 1,500 filing histories for art loans in their database by 20th October 2015. The database will be updated weekly for the first two weeks, and then bi-monthly from 1st November 2015.

The annual subscription price for the database is currently $895. You can subscribe here.

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