LONO was created by art lovers for art lovers.
We saw a need for art collectors and artists alike wishing to leverage their art collection to free up capital. With our simple, quick and discreet loans, you can secure cash flow while still keeping the art you love. Based out of Toronto, Ontario, we are the premier art-as-collateral lender in Canada and we offer our fine asset lending services across the country.
A few reasons why you may want to lend against your art instead of selling it:
(1) your artwork has sentimental value,
(2) you know your artwork will increase in value, and
(3) you save commission and transaction costs as well as capital gains tax.