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Loans now available for disaster-affected businesses
Financial assistance is available for small and family businesses 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 small and family businesses, non-profit organisations and primary producers 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.
To apply visit the QRIDA website at www.qrida.qld.gov.au
If you would like to discuss how these options may assist you please contact our office.