{"id":22386,"date":"2013-01-31T18:57:12","date_gmt":"2013-01-31T08:57:12","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=22386"},"modified":"2020-09-30T13:07:21","modified_gmt":"2020-09-30T03:07:21","slug":"flood-loans-available-for-small-business","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2013\/01\/31\/flood-loans-available-for-small-business\/","title":{"rendered":"Flood Loans Available For Small Business"},"content":{"rendered":"<p><figure id=\"attachment_3736\" aria-describedby=\"caption-attachment-3736\" style=\"width: 200px\" class=\"wp-caption alignright\"><a href=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2012\/05\/jannstuckey.jpg\"><img loading=\"lazy\" src=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2012\/05\/jannstuckey.jpg\" alt=\"\" title=\"Jann Stuckey\" width=\"200\" height=\"407\" class=\"size-full wp-image-3736\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2012\/05\/jannstuckey.jpg 200w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2012\/05\/jannstuckey-147x300.jpg 147w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/><\/a><figcaption id=\"caption-attachment-3736\" class=\"wp-caption-text\">Small Business Minister<br \/>Jann Stuckey<\/figcaption><\/figure><strong>January 31, 2013<\/strong><\/p>\n<p>Queensland small businesses affected by flooding are encouraged to check if they are eligible for government financial assistance to help get their business back on track.<\/p>\n<p>Small Business Minister Jann Stuckey said small businesses could be eligible for concessional loans of up to $250,000 under the Natural Disaster Relief and Recovery Arrangements.<\/p>\n<p>\u201cWe want operators to know the Newman Government is doing all it can to help reduce the impacts on small businesses,\u201d Ms Stuckey said.<\/p>\n<p>\u201cI encourage all small businesses in a disaster-declared local government area directly affected by water-inundation to see if they are eligible for assistance under NDRRA.<\/p>\n<p>\u201cSome businesses have not long recovered from the last flooding event in 2010-11, and now they are facing the same battle again.<\/p>\n<p>\u201cQueensland small businesses are strong and resilient but even the most resilient sometimes need a helping hand to cope with circumstances outside their control.<\/p>\n<p>\u201cSmall business employs just over half of the State\u2019s private sector employees.<\/p>\n<p>\u201cNow more than ever, Queenslanders need to support small businesses.\u201d<\/p>\n<p><strong>Under NDRRA provisions, a low interest loan up to $250,000 can assist small businesses to re-establish by covering costs such as:<\/strong><\/p>\n<ul>\n<li>Repairing or replacing damaged plant and equipment<\/li>\n<\/ul>\n<ul>\n<li>\u00a0Repairing or replacing buildings<\/li>\n<\/ul>\n<ul>\n<li>\u00a0Supplying stock for up to one month to replace lost stock and maintain liquidity of the business<\/li>\n<\/ul>\n<ul>\n<li>\u00a0Meeting carry-on requirements including:<\/li>\n<ul>\n<li>Restoring or re-establishing areas affected by the disaster event<\/li>\n<li>Sustenance<\/li>\n<li>Essential property operations<\/li>\n<li>Paying rent and rates<\/li>\n<\/ul>\n<\/ul>\n<p><strong>Additionally, there are no loan establishment, ongoing maintenance or early payout fees.<\/strong><\/p>\n<p>Ms Stuckey said Category B assistance is now available to 21 local government areas.<\/p>\n<p>Information about declared disaster areas and available assistance can be found on the Business Queensland <strong><a href=\"http:\/\/www.business.qld.gov.au\/business\/running\/disaster-resilence-and-recovery\/natural-disaster-assistance\" target=\"_blank\">website<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Queensland small businesses affected by flooding are encouraged to check if they are eligible for government financial assistance to help get their business back on track.<\/p>\n","protected":false},"author":20,"featured_media":3737,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,3],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - 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