Loans now available for disaster-affected businesses from the Western Queensland surface trough and associated rainfall and flooding.
Financial assistance is available for primary producers, small businesses and not-for-profits impacted by flooding in Western Queensland.
Disaster Assistance Loans and Essential Working Capital Loans have been activated for businesses in Barcoo, Boulia, Bulloo, Diamantina, Longreach, Murweh, Paroo, Quilpie, and Winton local government areas.
These loans are designed to support small businesses to re-establish operations relating to:
- Repairing or replacing damaged plant and equipment
- Repairing or replacing buildings
- Restocking inventory to resume operations
Eligible primary producers, small businesses and not-for-profits can apply for:
- Disaster Assistance Loans – Up to $250,000 to support essential recovery efforts.
- Essential Working Capital Loans – Up to $100,000 to assist with immediate operational costs, including wages, rent, and creditor payments.
For more information on eligibility and how to apply – follow these links: Disaster Loans and Disaster Assistance (Essential Working Capital) Loans
Should you have any questions or wish to discuss this matter further, please do not hesitate to contact the team at MGI.
