As the art market continues to boom, the business of art lending is seeing an equally impressive bump, with early 2015 estimates by Skate’s noting that lending could top$10 billion in 2015, at least twice as much as its last survey in 2011, and may very well grow to $100 billion.  The statistics note a major impact from Sotheby’s, which recently spun off its finance wing and which claims it can lend up to £1.3bn against art.Read more at Art Newspaper
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Art Lending Set for Record Highs in Coming Years