Sale Advance Loans

Offered up to 6 months in advance of auction

If you’re planning to sell an item at auction, you can now receive funds ahead of the sale.  Whether you have an artwork or an antique to sell, you can secure a loan for up to 50% of your item’s mid-auction estimate, up to 6 months ahead of the auction date. With a sale advance loan, you can wait for the optimum time to sell, while enjoying instant liquidity from your asset.

Why take out a sale advance loan?

Our loans are simple and straightforward, with flexible terms and low interest rates
Liability is strictly restricted to the item, with no extensive bank checks.
The process is quick and hassle-free, and loans are confirmed with one electronic agreement.

How it works

  • Step 02

    Submit your item

    Tell us about your item using the form below. Our experts will appraise and value your item.

  • Receive loan offer

    We will send you an offer in 3-5 working days, based on the appraisal of the item and the length of term required.

  • Receive funds

    When you accept the loan offer and sign the agreement, we will wire the funds directly into your bank account within 24 hours.

  • Sell your item

    When the item is sold at auction, the loan is repaid from the proceeds and the balance of funds is transferred directly to you.

What are the interest rates and charges?

The average interest rate for a sale advance loan is 1.5% per month and 10% of the sale price. Interest rates and charges are dependent on the size of the loan and will be confirmed in your loan offer.

Where is my item stored during the loan?

Once the loan is agreed, your item will be stored at the auction house of choice for the duration of the loan.

What happens if my item does not sell at auction?

If the item does not sell at the agreed auction, we will consult with you about the best course of action. Depending on the item, we will make a recommendation to take the item to a second auction or to conduct a private sale.

Who are Lyon & Turnbull?

Enquire about a sale advance loan

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