Low Interest Arts Loan
Loans for Tasmanian artist capital improvements and equipment
Last Updated: 08 November 2019
Low Interest Arts Loan
The Low Interest Arts Loan provides artists, groups and organisations with low interest loans to invest in capital improvements and equipment purchases.
What do you get?
Low interest loans of up to $100,000.
Who is this for?
Tasmanian artists and art organisations.
Overview
Low Interest Arts Loans provide Tasmanian artists, groups and organisations with low interest loans to help them make capital improvements and equipment purchases.
This program does not support projects, manufacturing or the purchase of materials. For museums and collections, the asset purchase must be for improving access to collections, collections management and / or product development.
Loans of up to $100,000 are available. Applicants seeking loans greater than $10,000 must provide appropriate security. The maximum loan term is 10 years, with a variable interest rate and a minimum principal repayment of $1000 per annum expected.
What are the eligibility criteria?
To be eligible, you must be:
- an individual artist based in Tasmania over the age of 18
- a partnership, collaboration or group with Tasmanian members
- an incorporated organisation, including small museums and collections, based in Tasmania
Find out more about the eligibility criteria at Low Interest Loans.
How do you apply?
Find out more about how to apply at Low Interest Loans.
