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All Press Releases for September 5, 2006 Subscribe to this News Feed      
 

A Unique Service of The Dina Collection in Beverly Hills: Borrowing Against Fine Art Pieces and Collections

Yossi Dina of The Dina Collection in Beverly Hills offers a most unique service; the ability to lend significant capital against the finest of art... and his clients may not be who you think!

(PRWEB) September 5, 2006 -- Yossi Dina’s popularity in Beverly Hills is due to his ability to offer the finest jewelry, antique furniture, rare collectibles, exotic automobiles, estate acquisitions and high end collateral loans at the best prices and terms. What makes Yossi truly unique in his area of business is his ability to offer generous loans against highly valuable collectible pieces of fine art. Be it van Gogh, Warhol, Chagall, Rembrandt, Rivera, Rodin or Picasso, Yossi has bought, sold or lent against it.

“When it comes to fine art I deal with all sorts of people,” explains Yossi. “My customers are individual collectors, auctions, estates and art galleries.” Yossi is insistent on confidentiality when it comes to loans yet reveals that most of his loan seeking customers are not in dire straits. “In the case of art galleries, the gallery may have their eye on a significant piece for their collection, in order to get the piece before someone else they will loan me some of their current pieces in exchange for the capital they need to purchase the piece they want,” reveals Yossi. This allows smaller galleries to remain more competitive in acquiring desirable pieces for their collection.

The secret of his success is his ability to come up with the needed funds at lightning speed, his discerning eye for art, and his ability to keep the names of the parties involved discrete. Yossi’s customers know they can get the money they need quickly with a one-page agreement, significantly faster than going through a bank, and he is flexible. The standard loan period is four months, but should the client need more time, Yossi is more than happy to oblige. There is no limit to the range of these loans; over the past 15 years Yossi Dina has extended loans towards art for as little as $100 and as much to $2,000,000 and reveals that there is no cap on the amount he is generously willing to offer his clients.

Collateral loaners do not do what Yossi does. Even if a store will buy and sell fine art, they will not offer loans. “This is because lenders do not know art,” says Yossi. “They fear dealing with art because there are always issues of authenticity and these issues take time to solve.” Because of Yossi’s love and understanding of art along with his various associates who can verify authenticity he is able to issue loans quickly and flexibly, again much more so than any bank. Currently 30% of all business coming through the Dina Collection includes fine art.

Yossi Dina is the owner of the Dina Collection located at South Beverly Wilshire Jewelry and Loan in Beverly Hills. Some of Yossi Dina’s clients include Rob Lowe, Farrah Fawcett, Liza Manelli, and George Hamilton who danced through Yossi’s door to sell him some of his estate prior to moving to Florida. On any given day the Dina Collection gallery of art will typically include classical, impressionistic and contemporary canvases; a growing, ever changing moveable feast available to the public for purchase at the lowest possible price with names like Haring, Shahn, Zuniga, Tamayo, Warhol, Picasso, and Chagall to name a few.

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Ben Cooke
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