Interest free loans for fast-growing regional businesses

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

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.