Regional Investment Corporation (RIC)

RIC AgriStarter Loan

Open

Amount

$0 – $2,000,000

Type

loan

Source

federal

allNSWVICQLDSAWATASNTACTnational

Eligibility

First-time farmers purchasing or taking over a farm, or those implementing a formal succession arrangement. Must have a minimum of 3 years relevant farming experience. Supports farm purchase and working capital.

individual producer

How to Apply

Apply online at ric.gov.au. Must demonstrate 3+ years farming experience.

Required documents

Evidence of 3+ years farming experiencefarm business plansuccession plan (if applicable)

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