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Disaster Relief Loans - Small business

Grant Closes: 12 months after the declared disaster Value: Up to $130,000 Run By: Rural Assistance Authority Further Information: https://www.raa.nsw.gov.au/disaster-assistance/disaster-recovery-loans/small-business

Small businesses who have been directly affected by a declared natural disaster including floods, fires or storm damage, may be eligible for low interest loans of up to $130,000.

This low interest rate loan can help a small business:

  • return to its normal level of trading or until the next major income is received within 12 months from the date of disaster
  • replace and repair damage caused to your small business and associated improvements not covered by insurance.

A repayment term of up to ten years is available dependent upon the amount borrowed and the applicant’s ability to repay.

The repayment term is preceded by a two-year interest and repayment free period.

Last Updated: 2nd of November 2020
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