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Principality CollectorPlan is an interest-free* credit service to help you buy contemporary art and craft in Wales. It was set up in 1983 by the Arts Council of Wales. The Scheme is supported by Principality Building Society.
Since it began, PRINCIPALITY COLLECTORPLAN has facilitated many thousands of interest-free* loans for the purchase of contemporary art and craft
Scheme Details
- Interest-free* credit starts at £50 and runs to a maximum loan of £2,000.
- You need only pay a 10% deposit upfront.
- An outlay of £22.50 a month over a 10-month period pays for an original work of art worth £250.
- You can use the credit to assist the purchase of original works of art and craft by living artists. What's more, your money will go a long way to support artistic talent in Wales.
- Over 80 galleries throughout Wales offer the scheme.
- You can buy multiple works of art from multiple galleries up to the maximum £2,000 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.
- A Principality CollectorPlan loan is normally approved in 7-10 days.
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