Unlocking Your Wealth: Collateralizing Art, Yachts and . . . Cheese?

Welcome to the fascinating world of unconventional collateral—where art, yachts, and even cheese hold remarkable potential.

You might be intrigued by the mention of cheese, and rightfully so. In Italy, Parmigiano-Reggiano cheese isn’t just a culinary delight—it’s also accepted as collateral by banks, a testament to the diverse avenues available for leveraging assets.

While traditional assets like real estate, equipment, and stocks are commonly used as collateral, there’s a whole world of opportunity waiting for those willing to think outside the box.

So, what sets unconventional assets apart when it comes to collateralization? Here’s where it gets interesting:

Unique Valuation:

Unlike stocks or real estate, which have readily available market values, unconventional assets often require specialized appraisal techniques. Our team works closely with appraisers experienced in valuing art, yachts, and other non-traditional items to ensure an accurate assessment of their worth.

Diverse Lender Base:

While some financial institutions may hesitate to accept unconventional assets as collateral, others specialize in this area. We’ve cultivated relationships with lenders who understand the value of non-traditional collateral and are eager to work with clients like you.

Flexible Loan Structures:

Collateralizing art, yachts, and other unconventional assets opens the door to flexible loan structures tailored to your unique situation. Whether you’re seeking liquidity for your art collection or financing for a new yacht acquisition, we can help you craft a loan arrangement that meets your needs.

Asset Preservation:

Some unconventional assets can retain their value with minimal upkeep. Collateralizing these assets allows you to access liquidity without sacrificing ownership or control. Others may require lender-specified insurance, storage and monitoring.

In addition to assisting with unconventional collateral, Novela Law also represents clients with more standard commercial loans, collateralized with traditional assets, such as inventory, equipment, domestic accounts receivable, and some not-so-traditional assets, such as foreign accounts receivable via The Export-Import Bank of the United States and inbound inventory on a slow boat from China.

So, if you’re ready to leverage your assets for financial gain, I’m here to guide you every step of the way. From navigating the appraisal process to securing favorable loan terms, let’s unlock the full potential of your wealth.

Reach out to me with your financing challenge – I’m ready to show you the untapped opportunities that await

Categorised in: News

This post was written by Daniel Novela