Defaults on Art Loans on the Rise
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Defaults on Art-Backed Loans Soar in Tough Market
According to the agency, half of non-bank art lenders will default on their loans by 2024, up from 17% two years ago. Arts and Finance Report 2025published by Deloitte Private and ArtTactic.
Defaults on Art-Backed Loans Soar in Tough Market
According to the Deloitte Private and ArtTactic 2025 Art & Finance Report, half of non-bank art lenders will default on their loans by 2024, up from 17% two years ago. Still, it’s