RIC loans are making a difference to rural and regional Australia

Our affordable finance is already making a difference right across Australia.

As of today, we've decisioned 97 loans, and of these, approved 67 to the value of $69m.

This finance is being used for a variety of activities like water infrastructure, restocking, replanting crops, machinery upgrades or to refinance existing debt. This investment makes a difference not just for these farmers but also for the rural businesses and broader community.

Our customers are our highest priority. We've doubled the number of loan approvals between February and March alone tha​​nks to the significant increase in assessors on the ground, and we continue to improve our processes and the customer experience.​

Statement can be attributed to Bruce King, CEO of the Regional Investment Corporation.

Media Contact:Liz Rodway 0478 336 646  liz.rodway@ric.gov.au