RIC low-interest loans for eligible farm businesses
Discover if a RIC loan is right for you
AgriStarter Loan
AgriStarter Loan
To assist in buying or establishing a new farm and for farm succession arrangements
$2m
Maximum amount
4.99%
Variable rate*
10
Year term
5
Years interest only
Use this loan to:
- fund the purchase of an existing farm business
- buy out relatives during farm succession
- pay for legal costs or stamp duty
Farm Investment Loan
Farm Investment Loan
Recover, rebuild and prepare from severe business disruption.
$2m
Maximum amount
4.99%
Variable rate*
10
Year term
5
Years interest only
Use this loan to:
- refinance your debt
- diversify or enter new markets
- enhance your productivity
Drought Loan
Drought Loan
For drought preparedness, management and recovery activities
$2m
Maximum amount
4.99%
Variable rate*
10
Year term
5
Years interest only
Use this loan to:
- prepare for drought
- fund drought management activities
- fund drought recovery activities
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