Art Exchange - art leasing scheme for businesses

First impressions are all-important and a carefully thought-out decoration scheme, complemented by works of art, demonstrates that a company sets high standards in all it does, establishes the company as an innovator and instils a feeling of confidence and well-being in all those who use the company’s premises.

Many companies choose to purchase art outright, but for those who prefer a changing display, Art Exchange offers the opportunity to introduce new paintings every 6 months. Art Exchange can also be used as a means of trying out a selection of paintings before purchasing.

Companies have the option of offering the leased art work for sale to their staff and visitors, thus promoting the idea of buying original work to those at all income levels, and gaining a reputation for encouraging support of living artists.

"Jack Hellewell's work in the reception area at SFS, Leeds."	"Jake Atree's work at the offices of Yorkshire Forward, Leeds"

How the Art Exchange scheme works

The leasing fee is 3% of the value of the work per month. A painting costing £300 would therefore cost £9.00 per month, or £54.00 for 6 months (the minimum period).

Example: A company with a monthly budget of £100 could lease 12 paintings at an average value of £275 or 6 at an average value of £500.

In common with other office refurbishment costs, the costs of leasing art works are tax deductible. If the work is subsequently purchased, either by the company or by an individual, a discount of 5% is given.