RIC (Regional Investment Corporation) is encouraging attendees at this year’s AgQuip Field Days in Gunnedah, NSW to visit the RIC team to find out more about RIC’s low-cost loans for farmers and how they can help improve cash flow in tough financial times.
RIC Chief Executive Officer John Howard said RIC is pleased to be part of AgQuip again this year and for attendees at the event to visit the RIC team to find out more or ask any questions.
“RIC exists to help farmers in tough financial times outside their control due to drought, floods and other events to improve their cash flow to better manage through and get back on their feet. We also provide low-cost loans for first farmers and succession planning,” said Mr Howard.
“Farmers recovering from the cumulative effects of the catastrophic flooding this year, previous floods and drought, may also be eligible for our Farm Investment Loan with a 5.18 per cent variable interest rate and interest only terms for the first five years of the 10-year loan term.”
Find the RIC team at AgQuip outside at site G/16c.
In the seven years since RIC was established on 1 July 2018, 1,854 RIC farm loans have been settled in NSW valued at over $2 billion as at 31 July 2025.
At the end of July 2025 RIC has $328 million remaining for new farm business loan funding available until 30 June 2026.
Media contact: E media@ric.gov.au | M 0435 168 885
About RIC
RIC (Regional Investment Corporation) is an Australian Government farm business lender providing low-interest loans for farmers and farm-related small businesses in financial need to strengthen Australian agriculture. RIC loans can be used for management, recovery and future proofing following severe business disruption due to drought, natural disasters, biosecurity issues or other significant market events.
RIC loans can also help farm businesses to establish farm businesses for first generation farmers or succession planning for next generation farmers. RIC’s vision is to build thriving regional communities. Since 1 July 2018 RIC has settled 3419 loans valued at more than $3.63 billion as at 31 July 2025.