Unbolted finances a Banksy collection to complete a property deal

Unbolted helped a businessman complete a property deal using his Banksy Art collection.

Background: A successful business owner needed to develop another property on an adjacent site. A bridging loan seemed the obvious solution but was proving slow to put in place jeopardising the deal.

The Unbolted Solution: Unbolted have provided £300,000 worth of loans against the client’s collection of Banksy prints. The deal was funded within 24 hours of the Art being delivered.

What the Client Says: “With Banksy works rising in value month on month it made no sense to sell my collection just for a short-term requirement. The Unbolted facility meant the property deal could proceed and I got to keep my Art. I pay interest on the Unbolted loan but calculate that in the 12 months I will need the facility for, the increase in value will more than offset the interest.”