Arts Council of Wales | Interest-free loans for artists

Interest-free loans for artists

Following a detailed analysis of this scheme and the confirmation that there has been a steady decrease in uptake in recent years, we have made the decision not to continue with this programme of work from April 2015.

Since 90% of the current loans are for items of capital equipment, Creative professionals would still be able to apply for up to £2,000 of capital equipment within the small grants programme available – this could be for specific projects as well as to support business development.

Those with loans already agreed will continue to repay as per original agreement.

We are still committed to supporting the development of Creative Professionals in Wales and there is opportunity to receive funding from us to support specific projects and career development opportunities, please see our funding guidance – Arts Grants for Creative Professionals - for further details.

John Rea

Registered Charity Number 1034245