AUS: AgriStarter loans

Regional Investment Corporation

The AgriStarter loans are designed to assist first time farmers and loans to support support farm succession arrangements.

  • Up to $2 million
  • Over 10 years with the first five years’ interest-only
  • Variable interest rate is 1.77%

Percentage of total debt — at least 50% of your total debt must stay with a commercial lender.

Frequency of repayments — tailored to the cash flow of the farm business.

Repayment structure — Five years interest only at the current variable rate of 1.92% then five years’ principal and interest over a 10-year loan term. After 10 years, you can refinance any remaining balance with a commercial lender.

Full terms and conditions are available in the loan guidelines.

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