Emergency Drought Assistance Loans
Queensland based primary producers who have been significantly financially affected by drought may be eligible to access an Emergency Drought Assistance Loan of up to $50,000 to assist in meeting working capital expenses.
Producers may only receive one loan in any five year period up to a maximum of $50,000. The loan may be used for working capital expenses, such as paying employee wages, paying creditors, paying rent and rates and buying goods for carrying on the business.
The maximum combined outstanding loan balance under both the Emergency Drought Assistance Loan and the Drought Carry-on Finance Loan is $250,000.