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Disaster Assistance Loans - Small Business QLD
Australian Government · Australia
Low-interest disaster recovery loans for Queensland small businesses affected by an eligible disaster. Loans of up to $250,000 can be used to repair or replace damaged assets, replace stock and meet carry-on business costs.
Funding
Up to $250K
Deadline
Rolling / Ongoing
Duration
up to 10 years
Location
Queensland
Who Can Apply
• Be a Queensland small business owner
• Have a business that sustained substantial damage to buildings, plant, equipment or stock as a result of an eligible disaster
• Have been carrying on a small business in the defined disaster area immediately before the eligible disaster
• Provide adequate security for the loan
• Demonstrate the ongoing viability of the small business
• Continue to carry on at the same location or elsewhere in the local government area where the business operated before the eligible disaster
• Have taken reasonable precautions to avoid loss or damage from a disaster, for example adequate insurance
Applicants must be Queensland small business owners whose business sustained substantial damage to buildings, plant, equipment or stock as a direct result of an eligible disaster. The business must have been operating in the defined disaster area immediately before the disaster, provide adequate security for the loan, demonstrate ongoing viability, continue operating at the same location or elsewhere in the same local government area, and have taken reasonable precautions to avoid loss or damage such as maintaining adequate insurance.
What's Funded
Repairing or replacing damaged plant and equipment, repairing or replacing buildings, replacing lost stock for up to 1 month, and meeting carry-on requirements such as sustenance, rent and rates after an eligible disaster.Expected Outcomes
Re-establishment of normal small business operations and recovery from disaster-related damage, with the business continuing to operate in the affected local government area.Key Information
Applicant Types
companysole_traderpartnershiptrustother
Stage
established
Funding Purposes
capital_expenditurecommunityother
Keywords
disaster recoverylow-interest loansmall businessQueenslanddamaged assetsstock replacementbusiness continuityeligible disaster
Frequently Asked Questions
1
What is the Disaster Assistance Loans - Small Business QLD?
The Disaster Assistance Loans - Small Business QLD is a business grant offered by Australian Government in Australia, providing Up to $250K in funding. Low-interest disaster recovery loans for Queensland small businesses affected by an eligible disaster. Loans of up to $250,000 can be used to repair or replace damaged assets, replace stock and meet carry-on business costs.
2
How much funding does the Disaster Assistance Loans - Small Business QLD provide?
The Disaster Assistance Loans - Small Business QLD provides Up to $250K in funding. The typical project duration is up to 10 years.
3
Who is eligible for the Disaster Assistance Loans - Small Business QLD?
- Be a Queensland small business owner
- Have a business that sustained substantial damage to buildings, plant, equipment or stock as a result of an eligible disaster
- Have been carrying on a small business in the defined disaster area immediately before the eligible disaster
- Provide adequate security for the loan
- Demonstrate the ongoing viability of the small business
- Continue to carry on at the same location or elsewhere in the local government area where the business operated before the eligible disaster
- Have taken reasonable precautions to avoid loss or damage from a disaster, for example adequate insurance
4
What activities are funded?
Repairing or replacing damaged plant and equipment, repairing or replacing buildings, replacing lost stock for up to 1 month, and meeting carry-on requirements such as sustenance, rent and rates after an eligible disaster.
5
How do I apply for the Disaster Assistance Loans - Small Business QLD?
Start by checking your eligibility using the free Beta Docs eligibility checker. If eligible, Beta Docs' AI-powered platform can help you draft, review, and refine your application to maximise your chances of success.
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