Eighty-five per cent of new loan applications are being processed by the RIC within 30 days (excluding third party processing timeframes).

Our loans
Loans to make your farm business stronger,
more resilient and more profitable.
Which loan is right for you?

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

Use this loan to:
- refinance your debt
- pay your operating expenses
- enhance your productivity

Use this loan to:
- prepare for drought
- fund drought management activities
- fund drought recovery activities

Use this loan to:
- pay your operating expenses
- refinance your debt
- pay suppliers, salaries, wages and rent

Use this loan to:
- purchase land to develop a plantation
- replant a bushfire-damaged plantation
- pay for labour hire / contract planting fees
Loan processing timeframes
Common questions
Any change in loan program interest rates will take effect from 1 February or 1 August each year.
A farm business must be involved within the agricultural, horticultural, pastoral, beekeeping (apicultural) or aquacultural industries as provided for under RIC’s program guidelines and undertake all primary production aspects of the business wholly within Australia.
The eligible primary production activities undertaken by a farm business to access RIC’s Farm Business loans, are those listed as part of the Australian and New Zealand Standard Industrial Classification (ANZSIC), 2006 (Revision 2.0) codes for agriculture and aquaculture, with some exceptions.
View the details of primary production activities identified in DIVISION A – AGRICULTURE, FORESTRY AND FISHING of the industry classifications.
If you’ve submitted a loan application, or your loan has been settled, you can send us updated information by submitting a Variation Request.
If you disagree with our decision on your loan application, you can request a review of that decision.
You must submit the request for a review in writing to us within 30 business days of receipt of the decision notification.
Contact us
We’re here to help with your loan application.
Call us on 1800 875 675.
Email us through our online contact form.
*Interest rate valid from February 2023 to July 2023.