Accelerating Growth Loans NSW
Loans for emerging small to medium enterprises
Last Updated: 15 May 2020
Accelerating Growth Loans NSW
Accelerating Growth Loans provide emerging fast-growth small to medium enterprises with loans when traditional lenders are unable to assist.
What do you get?
Loans of between $200,000 and $500,000.
Who is this for?
Small to medium enterprises creating jobs in metro Sydney, Newcastle or Wollongong.
Overview
Accelerating Growth Loans (AGL) helps emerging and fast-growth small to medium enterprises to drive jobs and business growth in metropolitan Sydney, Newcastle and Wollongong.
What are the eligibility criteria?
To be eligible, you must:
- have a registered ABN and be an incorporated company
- have a minimum of five employees (full-time, part-time or casual)
- be creating a minimum of 10 additional FTE jobs within two years in metro NSW (Sydney, Newcastle or Wollongong)
- be able to demonstrate likely revenue of at least $500,000 within 12 months
- have been trading for a minimum of one year
- demonstrate your business's expected future growth for at least one year, through showing secured pipeline or contracts
- demonstrate that you have been unable to obtain commercial finance
How do you apply?
You can find out more about eligibility and how to apply at Accelerating Growth Loans.
