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News
RIC variable interest rate to fall again
Farmers and farm-related small businesses will have even more financial breathing space with the variable interest rate to fall again on Regional Investment Corporation (RIC) loans from 1 February 2021.
AgriStarter Loan applications now open
The Regional Investment Corporation (RIC) AgriStarter Loan has launched and loan applications are now open.
RIC continues to improve processing timeframes
The Regional Investment Corporation (RIC) has reduced its loan processing timeframes by two months since September, as it continues to implement improvements.
RIC’s regional team set to expand
The Regional Investment Corporation (RIC) has kicked off a significant recruitment campaign which will see three executive directors appointed and more than 80 positions advertised over coming months at the Orange NSW-based organisation.
Federal Budget 2020 outcomes for the RIC
The Federal Government’s Budget 2020 delivered several outcomes for the Regional Investment Corporation (RIC) including $2 billion additional loan funding in 2020-21 and $50 million in operational funding over four years from 2020-21, as well as a decision to end the National Water Infrastructure Loan Facility (NWILF) which was administered by the RIC.
RIC focused on improvements to deal with unprecedented application numbers
The Regional Investment Corporation (RIC) is focused on loan timeframe improvements as it deals with unprecedented application numbers.
RIC visit to the Gascoyne this month to meet with farmers
The Regional Investment Corporation (RIC) is heading to the Gascoyne region this month to meet with farmers and farm-related small business owners about how they can benefit from a low-interest loan.
RIC loans here to help WA farmers
A farm business doesn’t need to weather years of drought hardship to qualify for a Regional Investment Corporation (RIC) Drought Loan to carry out drought preparation, management and recovery activities.
Last chance to take advantage of RIC interest-free terms
Farmers and farm-related small businesses have until 30 September 2020 to take advantage of two years’ interest free from the Regional Investment Corporation (RIC) before the drought-related loan terms change.
RIC reaches $1 billion loans approved milestone
The Regional Investment Corporation (RIC) has now approved $1 billion-worth of loan applications as it endeavours to boost processing times.