During the art market boom of the late 80’s when art became an accepted and viable form of investment, a need was created for people to be able to borrow against the artworks that they were investing in which resulted in a number of finance companies offering art loans. Art loans catered to three types of clients, those that wanted to leverage their existing art collection to fund new purchases, those that needed cash to cover debt, and art dealers who required funds to acquire new stock For those interested in the tax implications of art investment, some lenders offer loans similar to reverse mortgages where borrowers receive monthly payments against the value of their art instead of selling the work outright and being charged capital-gains tax.