Settlement is the final step in the RIC loan process.
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Ensure your application is complete and accurate
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The RIC will contact you to provide an update on the status of your application
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The RIC will contact you to discuss your loan application
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Your bank will be in contact during this stage to finalise settlement
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Times will differ depending on each individual application, but there are things you can do to help speed up the process.
Follow up with your bank
A RIC loan is a partnership between your farm business, your commercial lender and us, the RIC.
Your bank will be in contact to finalise settlement, but you can follow up with them at any stage to check on the progress of your application.
Maintain regular contact
The RIC will be in regular contact to keep you updated with how your application is progressing.
You can also call us at any stage for an update.
Call us on 1800 875 675.
We are focused on improving settlement times. Our call centre team are available to answer your questions Monday to Friday 9am to 5pm.
Read more about the RIC loan process.