Leasing Calculator

1. For enquiries over £100,000, please contact us directly on 01494 611 456.

2. The rental price indicated is for general guidance and is subject to credit approval.

3. Business users only.

Fine Art Financing

Are you a UK business or business owner looking to purchase fine art to display in your office or to add into your personal collection? If so, WestWon are here to help you put this into action.

We have a demonstrable track record in the financing of fine art purchases for businesses. A recent example is where we completed a £47,520+VAT lease for a UK-based company that bought seven different paintings from three different artists. The client financed the paintings over a two-year period, paying monthly repayments of £2,262.52+VAT. The client viewed the paintings as an investment that will increase in value, so rather than waiting (which runs the risk of the artists asking for a price increase), he worked with us to arrange a convenient and competitive financial package to take the paintings straight away.

If you are looking to purchase fine art but don’t want to pay the full cost upfront, please contact us here at WestWon and apply online now. We have a great interest in fine art and work alongside a number of artists, this combined with our fantastic funder relationships means we can provide industry leading rates. Give our fine art specialist Scott Rogers a call on 01494 611 456 or send an email to scott.rogers@westwon.co.uk

Benefits of Fine Art Financing

  • Cash flow

    You will be able to keep funds in your business to be used elsewhere

  • Alternative lines of funding

    You don’t have to use up a bank facility you already have

  • VAT

    On rental agreements, the VAT is included in the rental, not in a lump sum

  • Pay for the art over an agreed monthly term

    Companies pay employees over time as they work, so why pay all the cost for your artwork in advance?

  • Fine art as an investment

    If you want to purchase some fine art as an investment before the price increases, but don’t have all the cash available. You can finance the artwork you want and benefit from it’s price increase.

  • Tax planning

    Using a lease rental agreement, 100% of your rental is deductible against your companies corporation tax

The Fine Art Finance Process

WestWon - The leasing process - customer NEW

Fine Art Leasing example

fine art finance
  • Company
  • Lease Value
  • Term
  • Repayment
  • Rationale
  • A media company
  • £47,520 + VAT
  • 24 months
  • £2,262.52 + VAT
  • Financing of fine art for new head offices in the heart of London

Why Finance your Fine Art and use WestWon?

Art Finance

An advantage to this type of agreement is that by taking out a lease agreement through us, you will not have to use cash reserves that are required in other areas of your business. A further plus is that you will ‘own’ the piece(s) of art immediately – without having to wait until the cash-flow of your business is strong enough to make an outright purchase. And by working through us, you can have the rental repayments allowable against your corporation tax – without the need for a bank loan or overdraft facility to make the purchase.

Another great reason to invest in fine art is that it will very likely increase in value. So there’s never been a better time to arrange the financing of fine art for your business premises or personal collection.

Why choose WestWon?

WestWon is an industry-leading asset and finance company in the UK, providing leasing and finance for UK businesses to support their growth and help them to realise their full potential. We provide everything from VAT and corporation tax loans to loans for equipment and insurance loans.

We are now working alongside a number of artists providing there clients with a very attractive finance solution. Enabling them to make fantastic investments with artwork that is ever increasing in value, but without the need to pay all upfront.

Contact Us

or send us an enquiry online

© 2018 WestWon Limited
The Financial Conduct Authority (FCA) regulates financial services in the UK and you can check this on the Consumer Credit Register by visiting the FCA’s website here or by contacting the FCA on 0800 111 6768. WestWon Limited is a credit broker and not a lender. WestWon companies deals with a range of lenders. All WestWon companies hold a current Data Protection Licence and are registered for VAT. These details, together with our policy on Treating Customers Fairly, Complaints Policy and address details are held under our Get in Touch page.
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