Business

Natural Disaster Loan for Small Business

Funder:  NSW – Rural Assistance Authority

Grant Background: 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.

$ Available: Up to $130,000.00

Eligibility:  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.

Key Dates: Open on an ongoing basis. Applications must be made within 6 months of the date of the declared natural disaster.

For More Information or to Apply: CLICK HERE

Happy to chat if you need a hand with your application and please share this grant opportunity with anyone who may be interested. Good luck, Melanie

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