KRUSO KAPITAL PRESENTS ART-KREDIT: VALUABLE GOODS AND WORKS OF ART BECOME TRUE ASSETS AND RESOURCES FOR FUTURE PROJECTS

• The new Art-Kredit service fits into the context of art lending, a form of financing in which a work of art is used by its owner as a guarantee to obtain credit
• Works of art and valuables become real operational assets that Art-Kredit transforms into an immediate loan

Art-Kredit fits into the context of art lending, a form of financing in which a work of art is used by its owner as a guarantee to obtain a credit, investing in other financial operations, obtain the resources necessary to expand one's collection or invest in the purchase of further works of art, effectively transforming the work into a real operational asset. Assets guaranteeing the loan can be works of art or valuables (e.g. contemporary, modern, ancient art, numismatics of material other than gold). Guaranteed works of art and objects are appraised by expert experts and their custody is covered by insurance. The duration of the loan is 6 months, renewable for the same duration at the company's discretion.

Art-Kredit is currently available only by appointment at the Milan branch in Largo Augusto, 1/A.

“Kruso Kapital launches with great satisfaction this new solution, simple, fast and innovative to obtain immediate liquidity. With this service we transform valuable objects and works of art into real assets thanks to which it is possible to obtain financing and therefore carry out plans for the future” commented Giuseppe Gentile, General Manager of Kruso Kapital. “Art-Kredit is a flexible product that will increasingly allow us to maximize synergies with our auction house Art-Rite to offer customers clear and transparent financing formulas by leveraging our skills. With this in mind, experts in works of art will be available for a few days of free evaluation at the Kruso Kapital branches, the first already on 12 and 13 April in the Rome branch, in via Donizetti, 14.”