RIC variable interest rate on hold at 5.18 per cent from 1 August 2025
RIC (Regional Investment Corporation) today advised its variable interest rate for all farm business loans will stay on hold at 5.18 per cent effective from 1 August 2025.
RIC loans providing financial breathing space for dairy farmers
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?
RIC low-interest loans offer financial breathing space for southwest Victorian farmers
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.
RIC low-interest loans offer financial breathing space for South Australian farmers
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.
Free webinar to learn more about applying for RIC low-cost loans for farm businesses
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.
Which industries are eligible for RIC loans?
Learn how we determine eligible industries and how to tell if your business is eligible to apply for a RIC loan.
RIC farm business loans interest rate on hold at 5.18%
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 recognised at Global Banking & Finance Awards
RIC has been awarded the Excellence in Innovation - Digital Lending Technology Implementation award at the Global Banking & Finance Awards 2024.
RIC recognised with global innovation award win for project implementation
RIC has been honoured with a global banking and finance award in recognition of achievements in innovation and transformation.
What is a Drought Management Plan?
Learn about Drought Management Plans and why you need one for a RIC Drought Loan