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Regional Investment Corporation (RIC)
RIC AgBiz Drought Loan
Amount
$0 – $500,000
Type
loan
Source
federal
allNSWVICQLDSAWATASNTACTnational
Eligibility
Small businesses that provide goods or services directly to farm businesses in declared drought areas. Business must be at least 50% dependent on agricultural customers.
sme
How to Apply
Apply online at ric.gov.au.
Required documents
Evidence of >50% revenue from agricultural customersfinancial statementsdeclaration of drought area
Loan Details
Interest Rate
5.18%
Loan Term
10 years
Interest-only Period
5 years
Application Rounds
Rolling
Ready to apply?
Apply on Regional Investment Corporation website