Financial assistance is available for small and family businesses impacted by flooding in Western Queensland.
Disaster Assistance Loans and Essential Working Capital Loans have been activated for businesses in Barcoo, Boulia, Bulloo, Diamantina, Longreach, Murweh, Paroo, Quilpie, and Winton local government areas.
These loans are designed to support small businesses to re-establish operations relating to:
- Repairing or replacing damaged plant and equipment
- Repairing or replacing buildings
- Restocking inventory to resume operations
Eligible small and family businesses, non-profit organisations and primary producers can apply for:
- Disaster Assistance Loans – Up to $250,000 to support essential recovery efforts.
- Essential Working Capital Loans – Up to $100,000 to assist with immediate operational costs, including wages, rent, and creditor payments.
Small and family businesses and other organisations impacted by recent disasters can access relevant assistance provided through the jointly funded Commonwealth-State Disaster Recovery Funding Arrangements (DRFA) on the QRIDA website.
To apply and for further information, visit QRIDA www.qrida.qld.gov.au
