Regional Investment Corporation (RIC)

RIC Drought Loan

Open

Amount

$0 – $2,000,000

Type

loan

Source

federal

allNSWVICQLDSAWATASNTACTnational

Eligibility

Primary producers affected by drought or preparing for drought. Must have a drought management plan. Can refinance commercial debt and fund carry-on costs.

individual producersme

How to Apply

Apply online at ric.gov.au. Requires drought management plan as part of application.

Required documents

Drought management planfinancial statements (3 years)evidence of drought impact

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