Disaster relief loans - SMALL BUSINESS

Small businesses who have been directly affected by a declared natural disaster including floods, fires or storm damage, may be eligible for low interest loans of up to $130,000.

This low interest rate loan can help a small business:

  • return to its 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 to your small business and associated improvements not covered by insurance.

Loan overview

Details

Loan amount

$130,000 maximum

Loan term

Up to 12 years
First two years are interest and repayment free

Interest rate

1.69%

Fees & Charges

Security searches and registration
No ongoing fees or charges

Eligibility

See Guidelines

Security

Registered Mortgage over the land
Other security, including a mortgage from another person may be considered

Jessica Pike