No Interest Micro Business Loan TAS

The No Interest Micro Business Loan provides low income earners with interest-free loans to support their new or growing business.
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Application detail:

Applications may be made at any time.

What do you get?

Interest-free loans of up to $3,000.

Who is this for?

Tasmanians with a low income.

Overview

The No Interest Micro-Business Loan program offers financial assistance to those on low incomes wanting to start a business, or need help to grow their business.

The program can:

  • provide an interest-free loan to successful applicants
  • help you to turn a business idea into a practical proposal
  • provide information on basic compliance and other requirements for establishing a business
  • help you grow your business

Small interest-free loans of up to $3,000 to people on low incomes. Applicants may also receive local business development advice and support.

Check if you can apply

To be eligible, you must:

  • have a current healthcare card, pension card or DVA card, and receive fortnightly Centrelink or DVA payments
  • have a working income of $70,000 gross or less
  • live in stable accommodation (exceptions can be made in some cases)
  • have capacity to repay the loan.

Apply now

Apply for the No Interest Micro Business Loan TAS

Find out more about your eligibility and how to apply.

Learn how to apply

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