Disaster assistance loans for SEQ small businesses
Support for small businesses, primary producers and not-for-profits affected by SEQ severe storms.
Through the Commonwealth-State Disaster Recovery Funding Arrangements (DRFA), concessional loans have been activated for SEQ businesses impacted by recent severe storms.
Small businesses, primary producers and not-for-profits in the Logan, Scenic Rim and Gold Coast local government areas can apply
Disaster Assistance concessional loans
• Up to $250,000 for producers and small businesses and $100,000 for not-for-profits to repair or replace damaged assets like plant and equipment, to repair premises, or to replace stock and maintain liquidity.
Essential Working Capital loans
• Up to $100,000 for producers, small businesses and not-for-profits to allow for the continuation of operations, including paying wages, rents or rates, purchasing items such as fuel, fodder and water, or for the transportation of livestock and produce.
• Freight subsidies are also being made available to primary producers to alleviate the costs of moving stock and operating materials.
• Up to $5,000 for primary producers to assist with the movement of stock, feed, machinery, fuel, water, and building or fencing materials.
To apply for a loan, or if you have any questions regarding the application process, contact the Queensland Rural and Industry Development Authority (QRIDA) via 1800 623 946 or www.qrida.qld.gov.au .