Small businesses and not-for-profits in Redland City can now apply for concessional loans to support their recovery from ex-Tropical Cyclone Alfred.
Loans have been activated for eligible operators across 16 Local Government Areas, including Redland City.
This includes:
- Disaster Assistance Loans up to $250,000 for eligible small businesses and up to $100,000 for eligible not-for-profits to cover the repair or replacement of damaged equipment and infrastructure, and restocking.
- Essential Working Capital Loans up to $100,000 to help business operations continue, including paying salaries or wages, creditors, rent or rates.
This assistance is jointly funded by the Australian and Queensland Governments through the Commonwealth-State Disaster Recovery Funding Arrangements (DRFA).
For loan applications visit the Queensland Rural and Industry Development Authority website at qrida.qld.gov.au or call 1800 623 946.
Redland City Council has established a Redland Business Recovery page with key recovery information and contacts for local businesses. Visit redland.qld.gov.au/BusinessRecovery