The Australian government offers small business loans annually in accordance with economic needs and the funding set aside in the budget. There are different eligibility requirements for each offer. However, they are also different from those of the bank. Because government loans differ from bank loans, it is possible to be awarded loan funding from the government even if you have been rejected by the bank when seeking a loan before. It is a good idea also to check the intended uses, interest rates, terms and repayment schedules of the offers you are considering.
You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.