Small businesses and primary producers may be eligible for low-interest Disaster Assistance loans of up to $250,000.
These loans are to provide small businesses or primary producers, whose assets have been significantly damaged as a direct result of an eligible disaster, with low-interest loans to help in their recovery efforts.
Loans may be used to re-establish the normal operations of the small business or primary producer, including:
- repairing or replacing damaged plant and equipment
- repairing or replacing buildings
- replacing livestock
- supplying stock for up to 1 month to replace lost stock and maintain the liquidity of the business
- meeting carry-on requirements including paying rent and rates
Applicants must be in a designated Disaster region as specified in the eligibility.
To read more on the full eligibility of these loans please visit:
For any assistance with the Disaster Recovery loan please contact your Hall Chadwick QLD Advisor.
