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Loans for Aboriginal and Torres Strait Islander start-ups
Start-Up Finance Package
The Start-up Finance Package provides Aboriginal and Torres Strait Islander start-ups with access to loans to help new businesses get off the ground.
Open
Application detail:
Apply at any time.
What do you get?
Finance package of up to $100,000.
Who is this for?
Aboriginal and Torres Strait Islander individuals and businesses.
Overview
The start-up finance package is up to $100,000 and includes:
- up to 30% of a new business loan as a grant to purchase assets for the business which does not need to be repaid
- flexible loan repayment options
- no application or line service fees
- loan term of 7 years
- minimum security requirements.
Check if you can apply
To be eligible, you must:
- be at least 18 and of Aboriginal and/or Torres Strait Islander descent
- own at least 50% of the business, or have at least 50% of the business owned by people of indigenous descent
- have less than $400,000 in actual annual turnover
- have been trading for less than 2 years
- have a commercially viable business model.
Apply now
Apply for the Start-Up Finance Package
Find out more about your eligibility and how to apply.
Learn how to applyContact information
- Phone:
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