Choose the right loan for your needs

This information is current as at 7 July 2021.

See also: Disaster Recovery Loans

Infrastructure

Loan Features

Farm Innovation Fund

Seafood Innovation FundNSW Forest Industries Innovation Fund

Purpose of loan

To meet the cost of carrying out permanent capital works that fall in to 4 main categories:

  • Preparedness
  • Environmental
  • Farm Infrastructure
  • Natural Resources.

To meet the cost of carrying out permanent capital works in these four key areas:

  • Preparedness
  • Environment
  • Fishing & Aquaculture Farming Equipment & Asset
  • Transport & Logistics

Long-term low-interest loans for projects that will:

  • Improve the profitability of the NSW timber industry and drive employment growth;
  • Drive new investment and innovation to enhance the NSW forestry industry; and/ or
  • Position the NSW forestry industry to adjust and capitalise on new opportunities.

Maximum amount available

Up to a maximum of $1,000,000 per project

Up to a maximum of $500,000 Up to a maximum of $3,000,000 per project

Current interest rate

2.50% fixed

2.50% fixed 2.50% fixed

Loan term

Up to 20 years

Up to 20 years

Up to 20 years

Repayment

Principal + Interest

Principal + Interest

Principal + Interest

Repayment Frequency

Monthly, half yearly, quarterly or annually

Monthly, half yearly, quarterly or annually

Monthly, half yearly, quarterly or annually

Security

Statutory First Charge and Registered Caveat over property

Statutory First Charge and Registered Caveat over property is the RAA's first preference. The security for the loan will be determined in relation to each application.

The security for the loan will be determined in relation to each application. A statutory charge may be taken.

Establishment costs (registering security documents, title searches)

Yes

Yes

Yes

Ongoing fees and other charges

No

No

No

Extra repayments available (without incurring additional cost)

Yes

Yes

Yes

For more information

NSW RAA Loans

Disaster Recovery Loans

Natural Disaster Loans

Loan Features

Primary Producers & Small Business Operators

Not for Profit Organisations

Sporting & Recreational Clubs

Purpose

To meet the essential working capital required to continue operations and the replacement and repair of damage caused to property and associated improvements not covered by insurance.

To meet the restoration of essential facilities, equipment or other assets that have been damaged or destroyed; and/or temporary storage or leasing of alternate premises.

To meet the restoration of essential facilities, equipment or other assets that have been damaged or destroyed.

Maximum amount available

$130,000

$25,000

$10,000

Current Interest rate

0.80%

0.80%

0.80%

Loan term

Up to 10 years preceded by 2 years repayment free

Up to 5 years

Up to 5 years

Repayment

Principal + Interest

Principal + Interest

Principal + Interest

Repayment Frequency

Monthly, half yearly, quarterly or annually

Monthly, half yearly, quarterly or annually

Monthly

Security

Registered Mortgage over land

Registered Mortgage over land

Agreement from Committee Members that loan will be repaid

Establishment costs (registering security documents, title searches)

Yes Yes No

Ongoing fees and other charges

No No No

Extra repayments available (without incurring additional cost)

Yes Yes Yes
Availability Available in the event of a declared natural disasterAvailable in the event of a declared natural disasterAvailable in the event of a declared natural disaster

More information

For more information see the Disaster Assistance page.