Overview
PIRSA provides loans to eligible cooperatives engaged in processing and storing primary products. The scheme enables cooperatives to claim generous Commonwealth taxation benefits on the loan facility by claiming interest, depreciation, and principal repayments. Loans have a maximum term of 10 years with commercial rates of interest charged.
Eligibility Requirements
Cooperative must operate in South Australia with primary object of acquiring commodities or animals from shareholders. At least 90% of shares must be held by suppliers. Loan must relate to improving marketing, packing, processing, or storage of primary industry commodities. Cooperative must have private tax ruling from ATO and provide unconditional bank guarantee with minimum A+ rating.
Who Can Apply
Relevant Industries
How to Apply
Applications are submitted through the official government portal. Review the eligibility criteria carefully before applying, and ensure all supporting documents are prepared.
Visit the official application page