More information coming soon.
Marine Recovery Loan
Coming soon: New loan to manage through and recover from the South Australian algal bloom.
Purpose
Loan to support South Australian wild-catch fishers and aquaculture businesses that have experienced a significant financial impact due to the South Australian marine harmful algal bloom.
Use this loan to:
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Refinance debt
Refinance your existing debt at our low interest rate to improve cash flow.
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Pay operating expenses
Pay outstanding bills, salary, rent and property costs, utilities and insurance and other administrative costs.
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Capital expenditure
Rebuild your business with capital purchases to replace infrastructure and restocking to regain production.
Loan Terms
$250k
Maximum amount
5.18%
Variable rate*
10
Year term
5
Years interest only
$0
Extra repayments
$0
Application fee
$0
Early payout fee
No
Redraw
* Interest rate effective 1 February 2026. Interest rates reviewed every 6 months.
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