Indigenous Business Australia IBA Business Loans

Indigenous businesses can access get business loans between $10,000 and $5m under the IBA Business Loans program.

Eligibility for the IBA Loans generally

In order to access funding form the IBA, your business must:

have at least 50% Indigenous ownership or membership; or
be an Aboriginal and Torres Strait Islander corporation registered under the Corporations (Aboriginal and Torres Strait Islander) Act 2006; and
carry on a business for profit; and
have no more than 200 employees; and
have the Indigenous owner(s) of the Business are actively involved in the Business; and
have a commercially viable business model

Key Terms of the IBA Business Loans

Loans are available with flexible repayment options (initial interest only period, monthly principal and interest, and balloon payments).

Maximum loan term is 20 years with minimum security requirements of general security agreement, director’s guarantee and specific security agreement over plant and equipment (where applicable).

Other IBA assistance

As well as a number of different funding options, IBA also offers eligible businesses access to a range of free workshops and other business support. This includes Start up Finance and Invoice Funding

Learn More

To learn more about the IBA Business loans click here

Wayne Wanders is an experienced Business Advisor skilled in analysing business financial performance and cash flow. Wayne may also be able to assist you in preparing your grant application. Contact Wayne below for a free no obligation session.

Also, if you want some more information on grants, contact me below

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Contact Wayne Wanders for your FREE Business Survival Session

To ensure I help your business specifically, the best approach I have found is to have an obligation free session with you. In this session we will review your current business in a factual and objective manner, to better understand the challenges that you face. And this session does not need to be face to face.

At the end of this session, you will have multiple ideas on how your business can survive and thrive in these uncertain times.

Simply fill in the contact form below or email me at wayne@aRealCFO.com.au or call me on 0412 227 052 to organise one of these obligation free sessions.

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Let Wayne Wanders, a fully qualified and experienced CFO, help you successfully navigate your way through your financial challenges so your business can survive and thrive in these uncertain times.

Wayne Wanders, A Real CFO

wayne@aRealCFO.com.au

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