Ongoingbusiness.gov_au

No interest business loans for low income Tasmanians

Overview

The No Interest Micro Business Loan TAS provides interest-free loans to low income Tasmanians to help start or grow a business.

Successful applicants can receive small loans and may also receive local business development advice and basic compliance information.

Eligibility Criteria

To be eligible, you must:

have a current healthcare card, pension card, DVA card, or low income healthcare card or have a gross income of $60,000 or less
have completed a business plan
live in stable accommodation (exceptions can be made in some cases)
have capacity to repay the loan

Intended for Tasmanians with a low income.

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Quick Info

Funding Amount

Up to $3,000

Closing Date

Ongoing - No closing date

Eligible Locations

TAS

Contact

Last updated: 12 February 2026