Our loans
Loans to make your farm business stronger,
more resilient and more profitable.
Discover if a RIC loan is right for you
RIC specialises in low-interest loans with a focus on assisting eligible farm businesses and farm-related businesses to remain prosperous and grow.
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
- pay your operating expenses
- 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
AgBiz Drought Loan
AgBiz Drought Loan
For farm-related small businesses to manage through, and recover from drought
$500k
Maximum amount
5.18%
Variable rate*
10
Year term
5
Years interest only
Use this loan to:
- pay your operating expenses
- refinance your debt
- pay suppliers, salaries, wages and rent
* Interest rates effective from 1 February 2025. Interest rates reviewed every 6 months.
Fact sheets
RIC Farm Loans Fast Facts
Simple fact sheet to learn more about low-cost RIC farm loans.
RIC Farm Loans at a glance
A brief side-by-side comparison of our loan product interest rates and terms.
RIC Farm Loans Fast Facts
Simple fact sheet to learn more about low-cost RIC farm loans.
RIC Farm Loans at a glance
A brief side-by-side comparison of our loan product interest rates and terms.
Frequently asked questions
Take a quick quiz and explore our education toolkit to learn about the eligibility requirements of RIC loans.
Interest rates are reviewed in consideration of any changes to the Australian Government 10-year bond rate.
Any change in RIC loan program interest rates will take effect from 1 February or 1 August each year.
Unlike government grants, RIC loans are paid back.
Responsible lending and eligibility criteria apply, including the ability to service the loan and make repayments.
We are proud to work alongside the Australian agricultural sector and the financial services industry but we are not a bank.
RIC provides loans, not overdraft or transactional accounts.
The Australian Government does not make a profit from RIC loans.
RIC offers low-interest, long-term loans with no account keeping fees and no penalty fees for early repayment.
How RIC makes a difference
RIC loans are building a stronger regional Australia for farmers and farm-related small businesses.
Ask a question
Get in touch with RIC if you have any questions about the loans we offer.