Financial assistance is now available for small and family businesses impacted by recent heavy rainfall and severe flooding in North Queensland. Disaster Assistance Loans and Essential Working Capital Loans have been activated for businesses in Burdekin, Cairns, Cassowary Coast, Hinchinbrook, Palm Island, Townsville, and Yarrabah local government areas. These loans are designed to support small and family 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 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
To apply visit the QRIDA website at www.qrida.qld.gov.au or call 1800 623 946.
