Natural Disaster Relief Loan - Sporting and Recreation Clubs and Associations

The objective of the program is to provide a concessional interest rate loan to eligible sporting and recreation clubs and associations to assist with the costs associated with clean up, removal of debris and/or the restoration of essential facilities, equipment or other assets that have been damaged or destroyed as a result of the declared natural disaster. 

Natural Disaster Relief Loans are only provided to eligible small business operators following the declaration of a natural disaster by the NSW Government.

What you can apply for:

• Eligible sporting and recreation clubs and associations impacted by the declared natural disaster can apply to borrow a maximum amount of $10,000.
• All loans have a term of up to 5 years, depending on the amount borrowed and your repayment capacity.
• Principal and interest loan repayments are made monthly.
• The interest rate is a concessional rate of interest. The rate applicable at the time of loan commencement is shown on the Rural Assistance Authority’s website.
• The interest rate applied to the loan is fixed for the term of the loan.