Business Improvement Concessional Loans

​Business Improvement Concessional Loans have been made available by the Australian Government. Please check with your relevant state or Northern Territory delivery agency for further details.


Business Improvement Concessional Loans are available to assist eligible farmers who have exhausted their 1,095–day entitlement to Farm Household Allowance.

These loans can help reduce the farm businesses interest payments by restructuring and refinancing existing loans.

Loans are available for a maximum of 10 years at a variable concessional interest rate of 3.09 per cent (as at 1 August 2017).

Loan amounts are for up to a maximum of $1 million with conditions applying.

Business Improvement Concessional Loans can only be used for debt restructuring.

To be eligible for a Business Improvement Concessional Loan, an applicant must demonstrate that:

  • their farm business is in financial need of a Business Improvement Concessional Loan
  • at least one member of the farm business has, or will have, exhausted their 1,095-day entitlement of the FHA on or before 30 June 2018
  • their farm business has the capacity to repay the loan
  • their farm business has the ability to provide sufficient security against the loan.

Please read the loan guidelines for full details on eligibility and how the loan application will be assessed. The guidelines are available on each delivery agency website.

It is important that farm businesses do not self-assess their eligibility for a Business Improvement Concessional Loan. You should contact your delivery agency for assistance and details on the application process.

Delivery agency contacts

Business Improvement Concessional Loans will be delivered by different agencies in different jurisdictions, on behalf of the Australian Government.
More information, including scheme guidelines and application requirements, are available from the relevant delivery agency website for your jurisdiction.

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