AgBiz Drought Loans

AgBiz Drought Loans provide loans for small businesses located in a drought affected region that directly supply goods or services relating to primary production to farm businesses to help them manage through and recover from drought.
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What do you get?

Loans of up to $500,000.
 

Who is this for?

Small businesses supplying goods and services relating to primary production to farm businesses located in an eligible area.

Overview

Loans of up to $500,000 over a period of 10 years are available. The first 5 years will be interest only, followed by 5 years principal and interest.

Check if you can apply

To be eligible, your business must:

  • be a small business with fewer than 20 employees other than casual employees
  • directly provide primary production related goods and services to farm businesses in a drought-affected community
  • have an Australian business number (ABN)
  • be registered for goods and services tax (GST)
  • not be a farm business
  • have had a reduction in the turnover; or an increase in unsecured debt as a result of the drought
  • be financially viable in the long term.

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