Emergency Drought Assistance Loans QLD


Loans are available to assist drought impacted Queensland primary producers to help them meet working capital expenses.
Open

Application detail:

Apply at any time.

What you get?

A loan of up to $50,000.

Who is this for?

Queensland primary producers.

Overview

Loans may be used for working capital expenses, including:

  • paying employee wages
  • paying creditors
  • paying rent and rates
  • buying goods, including fuel, for carrying on the business.

The maximum combined outstanding loan balance under both the Emergency Drought Assistance Loan and the Drought Carry-on Finance Loan is $250,000.

Check if you can apply

To be eligible, applicants must:

  • demonstrate at least one person in the primary production business is a primary producer
  • have carried on the primary production business for at least 12 months
  • have taken reasonable precautions to minimise the effect of drought on the primary production business
  • demonstrate ability to service the loan
  • demonstrate financial assistance is required because the primary production enterprise has been significantly financially affected by drought
  • demonstrate the primary production business cannot support carry-on from existing cash and other liquid resources, or from within existing available commercial lending facility limits
  • present a Farm Business Resilience Plan, satisfactory to QRIDA within a reasonable period of time.

Apply now


Apply for the Emergency Drought Assistance Loans QLD

Find out more about your eligibility and how to apply.