Zero interest loans to help logistics and manufacturing businesses impacted by current conflicts

Overview

There are two parts to the program:

• Zero interest loans administered directly by a participating bank to a customer who has annual turnover of up to $100 million and seeks a loan of up to $5 million.
• Zero interest loans administered by the National Reconstruction Fund Corporation (NRFC) for companies with turnover in excess of $100 million or who are seeking a loan of more than $5 million.

Check if you can apply

Bank administered program

Businesses with annual turnover of less than $100 million and who seek a loan of up to $5 million should apply through the bank administered program. Applications will be decided by participating banks according to guidance supplied by the NRFC. You can find a list of banks that are currently participating in the program at the NRFC website.

The bank-administered part of the program will be open for loan applications for six months.

Loans through this part of the program will carry a term of up to two years. While zero interest is payable, the principal amount of the loan must be repaid in full and standard bank fees will apply.

To be eligible, you must demonstrate that you are:

• an Australian entity with a valid ABN
• involved in manufacturing or logistics in one of the industries targeted for support (a list of eligible ANZSIC Codes is available on the NRFC website)
• materially impacted by market disruptions or contributing to Australia's sovereign industrial capabilities.

NRFC administered program

Businesses with turnover in excess of $100 million or who are seeking a loan of more than $5 million should contact the NRFC directly to apply for a zero interest loan.

Businesses outside the identified priority sectors but within a Priority Area of the NRFC’s mandate (as set out in the NRFC Priority Areas Declaration) can also contact the NRFC to discuss their needs.