Sustainability Loans can help you to invest in the latest infrastructure to create a viable future for your farming business including activities that improve farming system sustainability, natural resource sustainability and financial sustainability.

You can use a Sustainability Loan to:

• upgrade, expand or diversify your current operation to improve productivity and long-term profitability, create jobs and boost private sector investment
• undertake drought preparedness activities and invest in infrastructure that improves drought and disaster preparedness
• improve irrigation and establish additional water points to improve efficiency
• purchase capital equipment to meet environmental and climatic challenges, including predator fencing and renewable energy, measures to improve outcomes for the Great Barrier Reef and measures which could reduce net carbon emissions
• invest in biosecurity measures
• implement value adding or supply chain initiatives.

View the current interest rates here.

Loan assessment and security

Security must be provided commensurate with the amount of the loan. For most loans a mortgage over land provides adequate loan security. In some instances, loan security may also include other business assets such as water and livestock.

QRIDA may consider joint lending options with your bank or other commercial lenders.

When assessing your loan application, we always discuss this with you and your commercial lender.

Eligibility

To be eligible for a Sustainability Loan at least one person in your primary production business needs to be a primary producer.

You are also required to: 

• have operated your Queensland based primary production business for at least two years; and 
• have sound prospects for commercial viability and the ability to service the loan in the long term. 

For purposes related to financial sustainability you are required to demonstrate: 

• concessional finance is needed to secure sound prospects for success in the long term; and
• the proposal is not simply expanding an already financially sound primary production business, for example, by acquiring more land. 

For purposes related to natural resource sustainability or farming system sustainability: 

• you should demonstrate the primary production business is not in a financial position to readily support the proposal from cash resources, or a ready capability to service increased commercial lending.

• Address: QRAA GPO Box 211 Brisbane 4001 QLD
• Phone: 1800 623 946
• Email: contact_us@qraa.qld.gov.au
• Website: https://www.qrida.qld.gov.au/contact-us