Collectorplan is an interest-free* loan to help you buy contemporary art and crafts in Wales. Arts Council of Wales offer loans from £50 to £5,000 to people who wish to buy a single piece of art or multiple artworks by living artists in Wales.
Loan details
Collectorplan loans are interest-free* credit agreements, and UK residents can borrow between
£50 and £5,000 towards the cost of a piece or pieces of art and crafts by living artists in Wales.
- You only need to pay a 10% deposit upfront
- The Collectorplan loan is repaid in monthly instalments by direct debit
- The maximum period for repaying a Collectorplan loan is 12 months
- The minimum monthly repayment is £10
- You can buy multiple works of art from multiple galleries up to the maximum £5,000 credit facility threshold
- Loans are available to UK residents aged 18 or over with a bank or building society account capable of operating Direct Debits.
- Collectorplan loans are normally approved within 7-10 day
*APR 0% representative. These notes are a general guide and do not constitute any contract or offer.
Get in touch with us at OM to find out how to purchase using Collectorplan – RVater@carmarthenshire.gov.uk
Terms and conditions of this scheme can be found via link below.