The minimum amount you can borrow is $1,000 and the maximum is $8,500. The minimum retail price for an artwork able to be purchased using a COLLECT loan is $250, so you may buy up to four $250 artworks to be eligible for a $1,000 loan.
The maximum retail price for an artwork able to be purchased using a COLLECT loan is $11,500. If purchasing an artwork retailing above $8,500, you will need to pay the balance as a deposit. For example, if you purchase an artwork retailing at $11,500, you may borrow up to $8,500 and will need to pay a deposit of $3,000, which is the difference between loan amount and the value of the artwork.