Official source checkedTAS

AgriGrowth Loan Scheme TAS

Tasmanian Government · Checked 2026-10-16

The AgriGrowth Loan Scheme provides farm businesses, young farmers and agribusinesses in Tasmania with low interest loans when normal banking arrangements are not available. The program supports projects that advance the Agrivision 2050 plan to increase the value of Tasmania's agriculture and agri-food sectors. Loans are typically offered over a 5-year term with a variable interest rate, and interest-only payment options are available.

Form of value

Grant funding

Indicative value

Low interest loans from $100,000 to $3 million.

Current availability

Apply at any time.

Before you act: Applications are open and can be submitted at any time.

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Preliminary eligibility check

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Must be a Tasmanian farm business, young farmer or agri-food business.
Operate as a sole trader, trust, partnership or private company.
Show a clear need for the loan.
Include a minimum 3-year business plan.
Show ongoing financial viability.
Show that the venture will be profitable within the agreed loan period.
Hold an Australian business number (ABN) and be registered for goods and services tax (GST).
Farm business must have at least one member who is a farmer, contributes at least 50% of their labour, and derives at least 50% of their income from the farm business.
Young farmers must generally be no more than 45 years old, preferably not previously a principal of a farm business or land owner for that purpose, have farming experience and be involved in daily operations.