Funding for Queensland primary producers and commercial fishers

First Start Loans provide loans for primary producers and commercial fishers to start or establish a viable commercial enterprise.

Overview

First Start Loan - Primary producer

Provides primary producers with low interest loans of up to $2 million to help in the early years of establishing a primary production enterprise.

Funding may be used to:

• buy your first farm
• become a partner in the family farm
• achieve enterprise viability
• lease or share a farm
• facilitate joint lending with your bank

First Start Loan - Commercial fisher

Provides commercial fishers with low interest loans of up to $2 million to help in the early years of establishing a commercial wild-catch fishing enterprise.

Funding may be used:

• to buy your wild-catch fishing enterprise
• to become a partner in the family wild-catch fishing business
• to achieve enterprise viability
• for leasing or share-fishing
• for joint lending with your bank

What are the eligibility criteria?

To be eligible, you must:

• have resided in Queensland for 6 months
• have sound prospects for the long term viability of your enterprise
• have capacity to service the loan
• demonstrate a clear need for the loan
• have equity of 50% in relation to the purchase, or 50% of set up costs for leasing and share farming

How do you apply?

You can find out more about eligibility and how to apply at First Start Loans.