Australian Government farm business lender RIC (Regional Investment Corporation) is providing low interest loans for dairy farmers nationally. RIC loans enable farm businesses to manage through drought in southern Australia and recover from flooding in northern New South Wales and Queensland.     

What is a RIC loan?

Southwest Victorian farmers are taking advantage of low-interest loans from Australian Government specialist farm business lender RIC (Regional Investment Corporation) to improve cash flow and gain financial breathing space to manage through dry conditions.

South Australian farmers are taking advantage of low-interest loans from Australian Government specialist farm business lender RIC (Regional Investment Corporation) to improve cash flow and gain financial breathing space to manage through dry conditions.

RIC will host a free online ‘RIC Ready’ webinar on Wednesday 12 March 2025 at 12 noon AEDT, to help farm businesses learn more about applying for RIC’s concessional loans.

Learn how we determine eligible industries and how to tell if your business is eligible to apply for a RIC loan.

RIC today announced the variable interest rate on all concessional farm business loans will remain at the low rate of 5.18% effective from 1 February 2025 for 6 months until the next review period.

RIC has been awarded the Excellence in Innovation - Digital Lending Technology Implementation award at the Global Banking & Finance Awards 2024.

RIC has been honoured with a global banking and finance award in recognition of achievements in innovation and transformation.

Learn about Drought Management Plans and why you need one for a RIC Drought Loan

Learn about RIC’s interest rates, including how and when they may change.