Low interest loans for disaster affected NSW small businesses
Natural Disaster Loan Small Business NSWLast Updated: 1 September 2022
Natural Disaster Loan Small Business NSW
The Natural Disaster Loan Small Business provides small businesses directly affected by a declared natural disaster with low interest loans.
Application detail:
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 small businesses.
Overview
The Natural Disaster Loan provides low interest loans to small businesses directly affected by a declared natural disaster.
The loan is intended to help small businesses:
- return to their normal level of trading or until the next major income is received within 12 months from the date of disaster
- replace and repair damage caused and associated improvements not covered by insurance.
Loans of up to $130,000 over a period of 12 years are available.
Check if you can apply
To be eligible, you must:
- earn the majority of your gross income from the business
- operate a business located within an LGA that has been declared a natural disaster and intend to re-establish the business within the same LGA
- be in working occupation of the business
- be in urgent and genuine need of financial assistance
- demonstrate the long-term viability of your business 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.
Apply now
Apply for the Natural Disaster Loan Small Business NSW
Find out more about your eligibility and how to apply.