Tasmanian Government logo
Department of
State Growth

Grants and funding

Tasmanian Flood Recovery logo

Flood Recovery Loan Scheme

The Tasmanian Government is providing a Loan Scheme to assist primary producers and small businesses directly affected by the June 2016 floods.

The loan scheme will provide loans ranging from a minimum of $25 000 to a maximum of $200 000 for eligible businesses located in areas affected by the June 2016 floods.

Assistance were available in the local government areas of:

Break O’Day Burnie Central Coast
Central Highlands Circular Head Derwent Valley
Devonport Dorset George Town
Glamorgan/Spring Bay Huonville Kentish
Latrobe Launceston Meander Valley
Northern Midlands Southern Midlands Waratah-Wynyard
West Tamar    

Key features of the Flood Recovery Loan Scheme

  • Loans are available for eligible primary producers and small businesses.      
  • Loan funds are to be used for essential working capital and/or replacement and repair of damage caused to the property, associated improvements and equipment not covered by insurance.      
  • Loan amounts will range from $25 000 to $200 000.      
  • Loans will be offered for a maximum term of seven years.      
  • Initial interest and repayment free periods of up to two years are available.      
  • Loans must be repaid in full or fully refinanced at the end of the agreed loan term.      
  • Applications will be assessed on the criteria included in the guidelines.      

Application period

The Flood Recovery Loan Scheme is now closed for applications.