AgBiz Drought Loans

About this grant

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.

Eligibility requirements

All of the following criteria must be met:

• Small businesses supplying goods and services relating to primary production to farm businesses located in an eligible area.
• You must be:
• A small business directly providing primary production related goods and services to farm businesses in a drought-affected community
• Running a viable business and able to make the repayments after the 5 years interest free period.
• Low-interest loans for primary producers impacted by western qld surface trough, rainfall and flooding
• Temporary financial relief for critical mineral projects in nsw
• Support for aboriginal and torres strait islander businesses in qld

What the funding covers

• Loans of up to $500K.

How to apply

1. 1Confirm readiness: Ensure you meet criteria (e.g., ABN, turnover limits, GST registration), align project objectives with grant goals, and estimate time for evidence gathering and writing.
2. 2Gather evidence: Collect documents like financials, business plans, market research, project budgets, resumes, risk analysis, and support letters to prove capability and impact.
3. 3Register/log in: Obtain an Australian Business Number (ABN) if needed, sign into the relevant portal (e.g., Business Grants Hub portal), and note any prerequisites like advisory service reports.
4. 4Prepare and write application: Address all selection criteria clearly (project details, government alignment, costs, outcomes, benefits); keep concise, factual, and compelling; validate for completeness.
5. 5Review, approve, and submit: Proofread, get stakeholder sign-off, submit online via the portal before deadline (no late entries); expect eligibility check, merit assessment, and outcome notification.
6. 6Visit https://business.gov.au/grants-and-programs/small-business-drought-loan for application details

Application tips