Sale Advance Loans
In paternship with auction houses, Unbolted advances 40% to 50% of the low auction estimate of an asset consigned for sale with an auction house. The reserve is set at the low auction estimate, sometimes with a 10% auctioneers discretion.
- You can auto-lend or choose to invest selectively in larger loans.
- The loan is repaid from auction sale proceeds.
- If the item is unsold, it is consigned for sale again. If the consignment is through a dealer, sometimes with our agreement, the unsold lots are swapped for fresh lots of equivalent value.