Disaster relief loans - Primary producers

Primary producers directly affected by a declared natural disaster may be eligible for low interest loans of up to $130,000.

This low interest rate loan can help a farm business to:

  • continue to operate your farm businesses for the next twelve months or until the next income is received
  • replace and repair damage caused to the property and associated improvements not covered by insurance.


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Loan overview

DetailsConditions

Loan amount

$130,000 maximum

Loan term

Up to 12 years

First two years are interest and repayment free

Interest rate

1.79%

Fees & Charges

Security searches and registration

No ongoing fees or charges

Eligibility

See Guidelines

Security

Registered Mortgage over the land

Other security, including a mortgage from another person may be considered

Download a Mortgagees Consent Form
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