First Start Loans QLD


First Start Loans provide loans for primary producers and commercial fishers to start or establish a viable commercial enterprise.
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Application detail:

Applications may be made at any time.

 
What do you get?

Low-interest loan of up to $2 million.

Who is this for?

Queensland primary producers and commercial fishers.

Overview

First Start Loan - Primary producer

Provides primary producers with low interest loans of up to $2 million to help in the early years of establishing a primary production enterprise.

Funding may be used to:

  • buy your first farm
  • become a partner in the family farm
  • achieve enterprise viability
  • lease or share a farm
  • facilitate joint lending with your bank

First Start Loan - Commercial fisher

Provides commercial fishers with low interest loans of up to $2 million to help in the early years of establishing a commercial wild-catch fishing enterprise.

Funding may be used:

  • to buy your wild-catch fishing enterprise
  • to become a partner in the family wild-catch fishing business
  • to achieve enterprise viability
  • for leasing or share-fishing
  • for joint lending with your bank

What are the eligibility criteria?

To be eligible, you must:

  • have resided in Queensland for six months
  • have sound prospects for the long term viability of your enterprise
  • have capacity to service the loan
  • demonstrate a clear need for the loan
  • have equity of 50% in relation to the purchase, or 50% of set up costs for leasing and share farming

Find out more about the eligibility criteria at First Start Loans.

How do you apply?

Find out more about how to apply at First Start Loans.

Contact information