Paul Ress – Right Capital
In this week’s episode of the ArtTactic Podcast, Paul Ress, founder and managing director of Right Capital, an art and finance firm, joins us to discuss the art financing landscape. First, Paul identifies some of the most common scenarios in which a collector may borrow against their collection. Then, he touches on the competitive nature of the art financing industry as well as what challenges the industry must overcome in order to continue to grow in the future. Lastly, Paul shares from his experiences to what extent dealers and galleries are receptive to the idea of art lending, especially when they are in need of liquidity.