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 6 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

How do you apply?

You can find out more about eligibility and how to apply at:

Contact information