Disaster Assistance Loans - Small Business QLD

About this grant

These loans provide Queensland small businesses with low-interest loans to help them with disaster recovery efforts.

Eligibility requirements

All of the following criteria must be met:

• Queensland small businesses impacted by an eligible disaster.
• Disaster assistance loans - small business provides small businesses whose assets have been significantly damaged as a direct result of an eligible disaster with low-interest loans to help in their recovery efforts.
• Be a qld small business owner
• Have a business which has sustained substantial damage to buildings, plant, equipment or stock as a result of an eligible disaster
• Have been carrying on a small business in the 'defined disaster area' immediately before the eligible disaster
• Provide adequate security for the loan
• Be able to demonstrate the ongoing viability of the small business
• Continue to carry on at the same location or elsewhere in the local government area where the small business was carried on prior to the eligible disaster
• Have taken reasonable precautions to avoid loss or damage from a disaster, for example, have adequate insurance
• Rebates for wa businesses employing new indigenous employees
• Relief from energy charges for drought-declared farms

What the funding covers

• Low-interest loans up to $250K.

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/disaster-assistance-loans-small-business-qld for application details

Application tips