Own Art Scheme
Own Art is a membership scheme for art galleries and art fairs in the UK allowing members to offer interest-free finance to customers purchasing eligible works of art. Loans are subsidised by funding from Arts Council England, Arts Council Wales, Creative Scotland and Arts Council of Northern Ireland. Own Art is delivered in partnership with Credit Provider, Novuna Consumer Finance.
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Own Art loans are available interest free between £100 - £2500 over a 10 month period in equal instalments. Its for works by a living artist and for the following approved products; contemporary art and craft – ie. Paintings, drawings, sculpture, glassware, ceramics, jewellery, furniture, textiles and artist-made film and video work, limited editions of up to 150 only (no reproductions).
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Customer eligibility is a minimum age of 18 years and UK resident for more than 3 years. Named on a personal bank account that allows Direct Debit processing and have access to a secure email address. Be employed at least 16 hours a week with a permanent contract or be self employed, retired or in receipt of disability allowance.