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Fine Arts Business Secures Funding from Barclays
Yorkshire based Tomasso Brothers Fine Art today announced it has received support from Barclays through the Government backed Coronavirus Business Interruption Loan Scheme (CBILS) in order to maintain the ability to trade through the COVID-19 crisis.
Tomasso Brothers Fine Art was established in 1993 by owning partners and brothers Dino and Raffaello Tomasso. Located at Bardon Hall, Leeds, the business launched their London their London Gallery in St James’s in 2013 and they are recognised internationally for specialising in important European sculpture from the early renaissance to the Neo-Classical periods, with a particular knowledge of European Renaissance bronzes. Promoting and supporting major institutions with loans and exhibitions, Tomasso Brothers also advises private clients and have made significant sales to some of the world’s most prestigious museums.
Dino Tomasso, partner, Tomasso Brothers Fine Art said: “The impact of COVID-19 has had a material impact on our business which relies on social interaction and client relationships. The CBIL Scheme has enabled us to work through these uncertain times, including how we can potentially re-open our galleries and arrange private viewings whilst adhering to social distancing regulations. We have invested in our 21-year relationship with Barclays and feel that they understand our business. This is the second global crisis which has impacted the business and both times we are thankful for the strength of this relationship.”
The company employs a team of ten highly skilled staff.
John Gray, Barclays Relationship Director put together the funding packages and said: “Tomasso Brothers Fine Art has a strong family pedigree and their specialist knowledge is considered to be among the best in the world. The close relationship we enjoy has enabled us to secure the future of the business and their highly skilled employees. We look forward to seeing this internationally acclaimed business go from strength to strength as we return to more normal times.”