Live with the art you love...
It's easy and affordable to buy and collect contemporary art and craft
How much can I borrow?
Courtesy of the artist and Cambridge Contemporary Art.
Own Art loans allow you to borrow from as little as £100 up to a maximum of £2,500 for the purchase of works of art by living artists.
Although there isn’t a limit on the amount of times you can use Own Art, we suggest that you do not apply for more than one loan at the same time. Every loan application will be subject to a credit check, and your application may be declined if you have not yet already established a repayment record for an existing Own Art loan, or if the total amount of credit you have asked for is considered by the finance company to be too high in relation to your income.
£100 is the minimum that can be borrowed (this would be repaid in monthly installments of £10), but it is possible to use this to cover several lower value items with a combined value of over £100.
If you are buying something more valuable than £2,500 you can use an Own Art loan as a part payment. Please note that you cannot apply for multiple Own Art loans to cover the costs of a single purchase.
Own Art Plus loans allow you to borrow from £2,500 up to a maximum of £25,000 for the purchase of artwork by artists born in the 20th century. These loans are repayable over 10 months.
Own Art Twenty loans also allow you to borrow from £2,500 up to £25,000, however these loans are repayable over 20 months.
All Own Art loans are completely interest free for the customer.