Who is Eligible?

The program provides a limited number of no interest, fee-free loans for eligible applicants who wish to start or expand an existing business. 

Eligibility to time limited, no interest, fee-free loans (up to $3,000) are now available to Bega based entrepreneurs. Can be any of the following:-

You:

• Hold a Pensioner Concession Card and/or a Health Card (for a minimum of 6 months) or their equivalent;
• Do not qualify for the above but are unable to apply for a bank business loan because of illness, unemployment, financial stress or other reasonable cause;
• Receive a Centrelink payment;
• Are in a household whose total income is less than $65,000 per annum.

Loans are available on a competitive basis.