How to apply

Check what you need before starting an application, download helpful resources and apply for a RIC loan.

A person using a tablet device.

Start your RIC loan application

Before starting an application, please refer to our checklist below and read our loan guidelines. Our Loan pathway explains the step-by-step guide along the loan application process.

The online application form requires mandatory information and documents. You must submit all required information before we can start assessing your application and provide an outcome as quickly as possible. After you start an application, you will have 45 days to submit before your draft will expire. You will receive a reminder to complete your application at 10, 20, 30, and 45 days.

Start application

Resume application

Checklist

Before you begin
  • check and understand our loan eligibility criteria by exploring our tools here
You need to check
  • you understand the terms of the loan
  • you can meet the loan eligibility criteria
  • you have read the loan guidelines
  • you have informed your commercial lender you plan to apply for a RIC loan
You need to provide
  • Australian Business Number (ABN)
  • proof of your eligibility (you may be asked about your farm business, financial need, and [tooltip definition="An event outside of your control that has reduced the profitability of your business."]significant financial impact[/tooltip])
  • financial statements for at least the past three (3) years
  • your business cash flow budget (template available)
  • your [tooltip definition="A statement at a particular point in time outlining assets and their value, liabilities and amounts owing."]statement of position[/tooltip] (template available)
  • what you are offering as security

Refer to the document checklist for a detailed list of mandatory documents you will need to include in your application as well as additional documents you may be requested to submit during the assessment of your loan application. You may also use our tools & templates provided here.

Resources

Find documents, checklists, forms and templates to support you in your RIC loan application. Documents marked with an asterisk ( * ) are mandatory and must be submitted with your application.

Loan Guidelines

Our guidelines detail how we will assess your application against the criteria in the loan. Download and read our guidelines before starting your loan application. RIC Agri Lending Specialists will assess your loan application based on criteria set out in our guidelines.

AgriStarter Loan Guidelines

Farm Investment Loan Guidelines

Drought Loan Guidelines

Drought Hardship Loan Guidelines

Marine Recovery Loan Guidelines

AgBiz Drought Loan Guidelines

Loan Guidelines

Our guidelines detail how we will assess your application against the criteria in the loan. Download and read our guidelines before starting your loan application. RIC Agri Lending Specialists will assess your loan application based on criteria set out in our guidelines.

AgriStarter Loan Guidelines

Farm Investment Loan Guidelines

Drought Loan Guidelines

Drought Hardship Loan Guidelines

Marine Recovery Loan Guidelines

AgBiz Drought Loan Guidelines

Checklists & forms

Review the document checklist to see a list of documents you are required to submit with your application.

Document checklist

Certified copies of identity documents must be provided with your loan application. Refer to the Identity Document (ID) guidelines below to review the required ID documents you will need to submit with your application.

Identity Document (ID) guidelines

We recommend you use the online application form. 

Online application form


An offline, hardcopy form is available for download below.
Only use the offline form if you prefer to submit your application by email or post.

Complete this form on your computer, or print and fill it in by hand using a black or blue ink pen only.

  • Right click on the link and select 'save target as' or 'save link as' to download the form.
  • Open the form using Acrobat Reader. Download a free version of Adobe Acrobat Reader DC software.
  • Save the application form regularly as you are filling it in.
  • The form will not work when opened in a web browser or other software, e.g. Microsoft Edge, Chrome, Safari, Preview.

AgriStarter Loan Application Form

Farm Investment Loan Application Form

Drought Loan Application Form

Drought Hardship Loan Application Form

AgBiz Drought Loan Application Form

Marine Recovery Loan Application Form

Tools & templates

You must include your business cash flow budget with your application. We will use this to help assess your financial position, and your ability to repay the loan. If you do not have your own, you can use our template.

Cash flow budget template

Use the template below for AgBiz Drought Loan only.

AgBiz Drought Cash flow budget template

A Statement of Position (SOP) outlines the financial circumstance of your farm business. You must provide this with your loan application.

Use the below Excel template to generate a statement of position.

Statement of Position template

 

If you are applying for a Drought Loan or Drought Hardship Loan, you must include a drought management plan with your application. 

Your plan must outline how you will use the loan to prepare for, manage through or recover from drought. 

You can either:

  • attach your own plan to your application
  • use the template included in the application form
  • use the standalone template

Drought management plan template

You may need to make a statutory declaration to support your application.

Use the below template to generate a statutory declaration.

Statutory declaration template

Ask a question

If you have started a loan application and need help using the online form, we can assist you.

Loan application help

Get in touch if you have any other questions about completing and submitting your application.

Contact us

 

 
 
Last modified: