Business Concessional Loans NT

About this grant

Business Investment Concessional Loans provide businesses with loans to help them undertake projects to expand and grow their business.

Eligibility requirements

All of the following criteria must be met:

• Projects must be of net economic benefit to the nt and should:
• Create and sustain new local jobs
• Grow export capability/import substitutability
• Loans may be offered to small, emerging and fast growing businesses that:
• Are able to demonstrate significant long term growth potential
• Need to bridge the gap between feasibility and the ability to attract ongoing commercial debt funding
• Have high growth and job creation potential
• Be registered for corporate and tax purposes in australia
• Be operating under sound governance and management with operating systems in place
• Financial assistance to wa businesses in the defence sector

What the funding covers

• Loans between $100K and $10 million.

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/business-investment-concessional-loans-nt for application details

Application tips