RIC low-interest loans for eligible farm businesses
Discover if a RIC loan is right for you
Take our quick quiz to understand more about the eligibility criteria for each loan before considering whether to apply.
This tool is designed to be a simple guide only, it is not intended to be used as a self-assessment tool. RIC Agri Lending Specialists will assess individual circumstances to determine whether a RIC loan is suitable for your farm business.
All RIC loan applications are subject to eligibility checks, credit policies and lending assessment criteria.
Learn more about eligibility criteria for RIC loans by taking our quick quiz.
AgriStarter Loan
AgriStarter Loan
To assist in buying or establishing a new farm and for farm succession arrangements
$2m
Maximum amount
5.18%
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
5.18%
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
5.18%
Variable rate*
10
Year term
5
Years interest only
Use this loan to:
- prepare for drought
- fund drought management activities
- fund drought recovery activities
*Interest rate valid from 1 February 2025. Interest rates reviewed every 6 months.
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