Disaster Assistance (Essential Working Capital) Loans - Small Business QLD


Disaster Assistance (Essential Working Capital) Loans - Small Business provide low interest loans to small businesses who have suffered a significant loss of income as a result of an eligible disaster.
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Application detail:

Applications may be made after the declaration of an eligible disaster.

What you get?

Low-interest loans up to $100,000.

Who is this for?

Queensland small businesses impacted by an eligible disaster.

Overview

Disaster Assistance (Essential Working Capital) Loans - Small Business provides small businesses, who have suffered a significant loss of income, as a result of an eligible disaster, with low-interest loans to help with the continuation of normal business operations.

Loan funds provided are intended to be used as essential working capital, including:

  • paying salaries or wages
  • paying creditors
  • paying rent or rates
  • buying goods, for example - fuel essential to carry-on the small business

Loans are not provided to:

  • compensate for loss of income as a result of the disaster
  • provide assistance relating to direct damage suffered as a result of the disaster

Low-interest loans of up to $100,000, over a maximum term of 10 years are available.

Check if you can apply

To be eligible, you must:

  • be a small business owner in Queensland
  • have been carrying on a small business in the 'defined disaster area' before the eligible disaster occurred
  • have suffered a significant loss of income as a result of the eligible disaster
  • provide adequate security for the loan
  • be able to demonstrate the ongoing viability of the small business
  • continue to carry on the small business in the defined disaster area
  • have taken reasonable precautions to avoid loss or damage from a disaster, for example, have adequate insurance

Apply now


Apply for the Disaster Assistance (Essential Working Capital) Loans - Small Business QLD

Find out more about your eligibility and how to apply.