RIC team on site for Agfest 2021 in Tasmania
The Regional Investment Corporation (RIC) team is pleased to be on site from 5 – 8 May 2021 at Agfest 2021, providing insight and answering questions on its affordable loans.
RIC team talking AgriStarter Loan at Beef 2021, 2-8 May 2021
The Regional Investment Corporation (RIC) is pleased to join the line-up at Beef 2021 in Rockhampton this week to provide information and answer questions on its loans, including the new AgriStarter Loan for new farmers and succession planning.
RIC Drought Loan helps Jones family build farm business resilience
The Jones family are first-generation farmers from Katanning in the Great Southern Region of Western Australia, who say a Regional Investment Corporation (RIC) Drought Loan has been the lifeline they needed to manage through the drought.
New RIC Executive Directors announced
The Regional Investment Corporation (RIC) is pleased to announce the new Orange-based leadership team taking the organisation forward to build a stronger regional Australia through affordable farm and farm-related small business loans.
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.