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Department of Premier and Cabinet

Women in Business

No Interest Micro-Business Loan program

The No Interest Micro-Business Loan program provides small, interest-free loans of up to $3,000 to people on low incomes. The program is delivered in Tasmania by the No Interest Loans Scheme (NILS).

The program can:

  • provide an interest-free loan to successful applicants
  • help you to turn a business idea into a practical proposal
  • provide information on basic compliance and other requirements for establishing a business
  • help you grow your business.

Who can apply?

Anyone who has a Health Care Card and has completed a business plan.

Applying for a loan

Call Business Tasmania on 1800 440 026 or email

If approved, NILS will manage the loan. Payments are made fortnightly at an agreed rate. Repayments may be made through Centrepay, a free direct bill paying service available to anyone receiving a Centrelink payment. All planning advice and mentoring from Enterprise Centres is free of charge.

Free business advice

The Enterprise Centres Tasmania network is a collection of Tasmanian business advisors and mentors, created to help you and your small business to get started and develop to reach your potential.

Enterprise Centres Tasmania can provide you with free one-on-one consultation, workshops and networking events to help you to:

  • start a new business
  • set objectives for your business
  • write a business plan
  • develop a marketing strategy
  • take your business online
  • grow your business
  • manage your business finances margins
  • survive through hard times
  • design a succession plan

How to get started?

Visit the Find your advisor page or contact Business Tasmania:

  • Phone 1800 440 026