Artnet introduced its Art Secured Lending Brokerage program. Artnet seeks to create a global, efficient art market. This new service enables and improves Artnet's subscribers' access to capital by leveraging their fine art assets.

Fine Art has become a significant alternative asset class, which has led to its increased use as collateral against loans. Artnet aims to drive efficiency in the fine art financing market by connecting its users to the best possible lending provider, given their loan profile, and creating a transparent system that drives liquidity. Easing access to capital is designed to support continued market growth to benefit participants across the ecosystem at every level.

Artnet launch this service together with the Fine Art Group and Luxury Asset Capital as its primary loan providers. The Partnerships program will facilitate global access to loans from $25,000 to over $10 million. In addition to fine art and other auction-quality assets, Artnet clients can obtain loans using a wide variety of luxury assets, including luxury and classic cars, luxury watches, fine jewelry and diamonds, gold and silver, and designer handbags and accessories.

The service is integrated into the Price Database user experience, giving existing and new subscribers immediate access to the service.