Loans for Tasmanian farmers and agribusinesses
The AgriGrowth Loan Scheme provides low interest loans to Tasmanian farm businesses, young farmers and agri-food businesses when normal banking arrangements are not available.
Loans range from $100,000 to $3,000,000 (with a $250,000 cap for young farmers) and may include up to 5 hours of free professional business planning or advice.
To be eligible you must be a Tasmanian farm business, young farmer or an agri-food business and:
- operate as a sole trader, trust, partnership or private company
- show a clear need for the loan
- include a minimum 3-year business plan that satisfies the department
- show ongoing financial viability with the loan application and business plan
- show that the venture will make a profit within the agreed loan period
- have an Australian business number (ABN) and be registered for goods and services tax (GST)
Farm businesses must have at least 1 member of the farm business who is a farmer and who generally contributes at least 50% of his or her labour and generally derives at least 50% of his or her income from the farm business during the term of the loan.
Young farmers will generally be no more than 45 years old, preferably not previously have been principal of a farm business and/or owned land for that purpose, have suitable farming experience and be involved in the day-to-day operation of the farm.
Young farmers may only access loans of up to $250,000.
Get a personalised eligibility check — your match score, which criteria you meet, and what to watch out for.
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Last updated: 12 February 2026