Flanders | The government launches zero-rate credit for the purchase of contemporary art

The initiative “Kunst Aan Zet” will be launched in September, with an aim to support collectors of works by Flanders and Brussels-based artists.


The loans could vary from €500 to €7,000 and must be repaid within a maximum of two years. The initiative is the product of a collaboration between the Flemish government, Kunst in Huis (a company which loans artworks to individuals and businesses) and Hefboom (specialists in small loans within the cultural sector), and joins a host of similar initiatives which already exist in several countries, including the Netherlands.


More information available here.