Loan Guarantees

Purpose

Loan Guarantees will support fast-growing Territory businesses to expand and create new Northern Territory jobs. The guarantee will be issued in favour of lending institutions providing finance for appropriate investments such as for the expansion of production capacity or export capability development.

Key features

Loan Guarantees under the Territory’s Local Jobs Fund will be available to Territory businesses to grow the economy and create Territory jobs.

  • Loan Guarantees will be available in partnership with an Australian authorised financial institution.
  • The Northern Territory Government will act as a guarantor for up to a maximum of 50% of the loan for amounts between $100,000 and $5 million.
  • Loan Guarantees will typically be to a maximum term of five years.

Loan Guarantees will be offered under terms and conditions that meet the needs and objectives of the borrower, the partnering financial institution and the Northern Territory Local Jobs Fund.

How to apply

Applications are required to include a robust business case, financial model and financial statements for the applicant. All applicants should seek advice from their legal, business and financial advisors prior to submitting an application. Applicants are responsible for all costs incurred in the preparation and lodgement of their application.

Step 1. Check your eligibility

Step 2. Read the business case guidelines

Step 3. Fill in the online application.