Loans to assist first time farmers or farmers looking to start their own business or implement succession arrangements

Agristarter Loans

Agristarter Loans provide farmers with loans to either assist them in starting their own farming business or to plan for and implement succession arrangements.

What do you get?

Loans of up to $2 million.

Who is this for?

First time farmers or farmers looking to plan and implement succession arrangements.

Overview

There are 2 types of Agristarter loans:

• first farmer – loans for indivduals seeking to purchase, establish or develop a farm business in which they will hold the sole or controlling interest
• sucession – loans for farm businesses planning for, or undertaking succesion arrangements

Loans may be used to:

• buy an existing farm business
• establish a new farm business
• buy out relatives during farm business succession
• pay costs associated with the succession planning process
• pay for legal costs or stamp duty