Arts Professional and Figurative survey flexible income-linked finance for UK arts organisations
By
Opinion | Robin Cantrill-Fenwick
Summary
Arts Professional and Figurative are conducting a survey to explore a new type of flexible, repayable finance for UK arts and culture organisations. Unlike traditional loans with fixed monthly payments, this model links repayments to future trading income — lower when income is lower, higher when income is higher. The short survey (10-15 minutes) targets senior staff and aims to understand whether this flexible finance model could benefit the sector.
Source
Twitter / XArts Professional and Figurative survey flexible income-linked finance for UK arts organisationsartsprofessional.co.ukKey quotes
· 3 pulledFigurative is exploring a new type of repayable finance for arts and culture organisations in the UK — one where repayments are linked to future trading income, rather than fixed monthly amounts as with traditional loans.
So when income is lower, repayments are lower; when it is higher, repayments are higher.
We want to understand whether this kind of flexible finance could help the sector.
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