Regional Growth Loans NSW

COVID-19: Stay up-to-date on the latest support for business on our coronavirus page or by calling 13 28 46. ×

Regional Growth Loans provide emerging, fast-growth small to medium enterprises in regional NSW with interest free loans when traditional lenders can't help.

Closed

What do you get?

Interest free loans of between $200,000 and $500,000.

Who is this for?

NSW regional small to medium enterprises.

Overview

Regional Growth Loans (RGL) are direct, interest-free loans available to emerging and fast-growth SMEs in order to drive jobs and business growth in regional NSW.

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 outside of metropolitan NSW (Sydney, Newcastle or Wollongong)
be able to demonstrate likely revenue of at least $500,000 within 12 months
have been trading for at least 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?

Find out more about eligibility and how to apply at Regional Growth Loans.

Interest free loans for fast-growing regional businesses