In most cases, borrowers turn to private banks and wealth-management divisions of large banks where they maintain significant assets.Jim Minich, managing director of capital advisory services at Harris myCFO, a subsidiary of BMO Financial Group, cites an instance when an art collection mostly comprised of Picassos was used to purchase a roughly $12 million apartment in Manhattan.
Glad those worthless relics, or what was it again? piles of rocks you can't eat I think was the verbiage, are something no one would desires to own.
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