Art Money offers your collectors 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 empowers collectors
- 10 payments. 10 months. No interest.
- easy online applications, real-time approval
- collector pays minimum 10% deposit to gallery
- gallery paid immediately, 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 is the new, easier way to buy art.
Galleries
- powerful sales conversion tool
- clients are able to get to yes more readily
- enables higher price points
- new buyers
- immediate cash flow, risk taken by Art Money
- partnership model - no setup costs or annual fees
Collectors
- no interest credit makes for an easy yes
- feel more responsible, less self-indulgent
Artists
- can be paid immediately by gallery
- work available to more collectors
Art Money empowers collectors and increases sales for galleries & 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%