Medium to Large Business Recovery Loan Scheme QLD

This program provides concessional loans to support the recovery of disaster impacted businesses that are critical to the supply chain in Queensland.
Open
Closes in 32 days

Closing date: Sunday 31 December 2023 Sun 31 Dec 2023

Application detail:

Applications close on 31 December 2023, or earlier if available funds are fully used.

What do you get?

Concessional loans of between $250,000 and $5 million.

Who is this for?

Medium to large Queensland businesses impacted during the 2021-2022 disaster season.

Overview

This scheme offers concessional loans to support the recovery of businesses that are critical to the supply chain, including the agricultural industry, who were impacted during the 2021-2022 disaster season.

Loans may be used to assist with eligible recovery activities, including:

  • repairing or replacing damaged plant and equipment
  • repairing or replacing buildings
  • repairing primary access to, and exit from the business
  • relocating the business or critical infrastructure of the business to another location within the existing local government area or adjacent government area¬†
  • flood mitigation works
  • purchasing livestock to replace lost livestock
  • purchasing stock, for up to a month to replace lost stock
  • meeting carry on requirements.

Check if you can apply

To be eligible, applicants must:

  • be a medium to large business
  • hold an Australian business number (ABN) and have held that number at the time of an eligible disaster
  • be registered for goods and services tax (GST).

Eligible 2021-2022 storm-flooding disaster events include:

  • Southern Queensland flooding 6 - 20 May 2022
  • South-East Queensland rainfall and flooding, 22 February - 5 April 2022
  • Ex-Tropical Cyclone Seth, 7 - 10 January 2022
  • Central, Southern and Western Queensland rainfall and flooding, 10 November - 3 December 2021.

Apply now

Apply for the Medium to Large Business Recovery Loan Scheme QLD

Find out more about your eligibility and how to apply.

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