Art Money offers your customers an easy way to pay for their artwork over time, while you get paid straight away. Partnering with Art Money is simple and supports your gallery and your artists.
How Art Money works
Art Money enables sales
- interest free loan, 10 simple payments
- easy online applications, instant approval
- customer pays minimum 10% deposit to gallery
- gallery receives cash up front, less commission
9 monthly payments
Deposit
(first payment)
Art Money pays gallery full amount, less commission, within two weeks
- ID check
- Credit score
- Risk algorithm/approval
Why offer Art Money?
"Art Money is a fantastic program for everyone. Our clients love it and so do our artists. Happy clients and happy artists make happy galleries."
Marita Smith, Director, Gallerysmith
Art Money makes it easier and more affordable to buy art.
Galleries
- increased sales
- new buyers
- higher price points
- cash flow positive
- risk taken by Art Money
- no setup costs, no annual fees
Buyers
- find it easier and more affordable to buy art
- interest free loan facilitates purchase decision
Artists
- can be paid immediately by gallery
- work available to more buyers
Art Money increases revenue for galleries and artists.
Facilitates sales for 95% of customers
-
It influenced my decision
45%
-
It enabled my purchase
50%
Increased price points – higher budgets are enabled for 58%
-
Yes, I was able to increase my budget
58%
-
No, my budget was unchanged
42%
Growing your audience – both new buyers and regular collectors like using Art Money
-
First purchase from a commercial gallery
30%
-
Occassionally visit commercial galleries and purchase art
38%
-
Regularly purchase art (collector)
33%
Repeat customers & referrals – 97% would recommend to a friend
-
Very likely
87%
-
Likely
10%