Beverly Loan Company was established in 1938 and operates as a listed collateral lender in Beverly Hills, located in the Bank of America Building at 9440 South Santa Monica Boulevard. The company is part of Luxury Asset Capital, described as the nation's largest privately-held provider of non-bank loans using luxury assets as collateral. Their primary focus is providing an alternative to traditional financing and hasty asset sales for clients with high-value but low-liquidity assets.
The company specializes exclusively in fine art loans, accepting paintings, works on paper, prints, sculptures, and photography as collateral. They focus primarily on Modern and Contemporary art from established artists with strong secondary markets, maintaining a comprehensive list of accepted artists ranging from historical figures like Picasso and Kandinsky to contemporary artists like Takashi Murakami and Njideka Akunyili Crosby. Loans are based on professional valuation of artwork provenance, requiring documentation such as auction receipts, gallery invoices, or catalogue raisonné details. Clients receive initial loan offers through pre-evaluation before scheduling appointments.
Beverly Loan distinguishes itself through its institutional-grade security infrastructure and expedited funding process. Assets are stored in a vault-within-a-vault at the Bank of America with 24-hour surveillance. The company emphasizes speed (funding in minutes), confidentiality, and fair market valuations conducted by staff trained at the Gemological Institute of America. Clients meet in private offices and receive full loan amounts in cash with no upfront fees. Loans have a four-month term with renewal options available.
This service is narrowly tailored to high-net-worth individuals with significant fine art collections seeking short-term liquidity without selling assets. The minimum and maximum loan amounts are not disclosed, but the focus on museum-quality artists and private vault storage suggests this targets serious collectors. The main limitation is that this is exclusively an art-focused collateral lender, not a general pawn shop, and requires extensive provenance documentation that typical pawn transactions do not require.