Low interest loans for disaster affected NSW primary producers
Natural Disaster Loan Primary Producers NSWLast Updated: 14 May 2021
Natural Disaster Loan Primary Producers NSW
The Natural Disaster Loan Primary Producers provides primary producers directly affected by a declared natural disaster with low interest loans.
Applications may be made after the declaration of an eligible disaster.
What do you get?
Low interest loans of up to $130,000.
Who is this for?
NSW primary producers.
Overview
The Natural Disaster Loan provides low interest loans to primary producers directly affected by a declared natural disaster.
The loan is intended to help farm businesses to:
- continue to operate for the next twelve months or until the next income is received
- replace and repair damage caused to the property and associated improvements not covered by insurance.
What are the eligibility criteria?
To be eligible, you must:
- earn the majority of your gross income from primary production
- have a farm business located within a Local Government Area that has been declared a natural disaster
- be in working occupation of the farm
- be in urgent and genuine need of financial assistance
- demonstrate the long-term viability of your farm and the ability to repay the loan
- provide security for the loan
- lodge an application within 6 months of the date of the declared natural disaster.
How do you apply?
Applications must be made within 6 months of the date of the declared natural disaster.
Check the Declared Natural Disaster page for information about announcements of declared disaster events.
Find out more about eligibility and how to apply at Natural Disaster Loan Primary Producers.
