Wealth Enterprises Corporation is offering an Art Financing program for William Verdult fine art.
The art market is experiencing a record increase in growth. There has been a lot of news about this spiraling growth and the sky rocketing prices of art work created by listed artist.
In the past, only the most wealthiest individuals banking with private wealth sections in prestigious top flight banks were able secure loans to acquire art. Today Wealth Enterprises Corporation is introducing a loan financing program that will allow you to both acquire and enjoy an original fine art work from a listed artist.
Our art financing program is designed for investors and art lovers who understand and appreciates great value.
Here is how the program works.
- You select the art.
- Your purchase price is set at one half the value of the appraised price of the artwork.(1)
- You pay a down payment of 25-30% of the purchase price.
- You pay monthly payments on the balance.(2)
- You have up to 60 months to pay for the artwork.(3)
- Once the down payment is made, the artwork is shipped to you framed and insured.
During the term of the loan, the artwork must remain in your possession and can not be sold unless the Corporation expressly agreed to in writing. Insurance must be maintained on the artwork and the beneficiary of the insurance must be the Corporation.
Note:
(1) The artwork is appraised by a 3rd party government sanctioned independent appraiser.
(2) The Interest rate ranges from 5.5% to 10.5%.
(3) Though you do not require excellent credit to qualify, buyers' credit will be reviewed.
For more information contact mike@verdultgallery.com
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