This program is not accepting new applications, but remains open for current applicants undertaking eligible clean-up and repair works.
If you are a small business proprietor whose assets or premises have been directly impacted by TC Ilsa, you may be eligible to receive a four per cent interest rate subsidy on new loans taken out for the purposes of repairing damaged assets or business carry on costs.
To be eligible for the subsidy you need to be a registered small business with an ABN, employ less than 20 full-time staff, operate locally and derive your main source of income from the business, and demonstrate that the loan required is a direct result of the cyclone.
This assistance is funded through the Commonwealth-State Disaster Recovery Funding Arrangements.