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.

Open

Application detail:

Applications may be made after the declaration of an eligible disaster.

Low interest loans of up to $130,000.

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 10 years are available.

To be eligible, you must:

earn the majority of your gross income from the business
operate a business located within a 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

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 Small Business.