AgriStarter loan applications will open from 1 January 2021 to support the next generation of Australian farmers.
The AgriStarter loan will be available to assist in buying an existing farm business, undertaking succession arrangements or establishing a new farm business.
Up to $2 million can be borrowed using the AgriStarter loan over 10 years with the first five years’ interest-only, the variable interest rate is 1.92 per cent from 1 August 2020, followed by five years’ principal and interest repayments.
For all our loans, applicants must demonstrate that they are in need of financial assistance and have sound prospects of long-term financial viability. All other AgriStarter loan mandatory eligibility criteria must be met to qualify for a loan.
Full details of the AgriStarter loan guidelines and application form will be made available from 1 January 2021.
Fill out the form below to register your interest and to receive a reminder when AgriStarter Loan applications open.
AgriStarter loan contact form