Loans for primary producer working capital after a disaster

Overview

Disaster Assistance (Essential Working Capital) Loans - Primary Producer provides low-interest loans to farmers to help with the continuation of normal business operations after an eligible disaster has occurred.

Loan funds provided are intended to be used as essential working capital, including:

• paying salaries or wages
• paying creditors
• paying rent or rates
• buying goods, for example - fuel essential to carry-on the primary production enterprise
• buying fodder or water for livestock or produce

Loans are not provided to:

• compensate for loss of income as a result of the disaster
• provide assistance relating to direct damage suffered as a result of the disaster

Low-interest loans of up to $100,000, over a maximum term of 10 years are available.

Check if you can apply

To be eligible, you must:

• be a primary producer in Queensland
• have been carrying on primary production enterprise in the 'defined disaster area' before the eligible disaster occurred
• have suffered a significant loss of income as a result of the eligible disaster
• provide adequate security for the loan
• be able to demonstrate the ongoing viability of the primary production enterprise
• continue to carry on the primary production enterprise in the defined disaster area
• have taken reasonable precautions to avoid loss or damage from a disaster, for example, have adequate insurance