The Farm Business Concessional Loans Scheme delivered three types of loans—Drought Assistance, Dairy Recovery and Business Improvement Concessional Loans. Loans were delivered by state delivery agencies on behalf of the Commonwealth.
From 1 July 2018, farmers will need to apply to the Regional Investment Corporation (RIC) for the Commonwealth’s farm business concessional loans.
The RIC will offer two loan products for farm businesses – Farm Investment Loans and Drought Loans.
For more information about the loans and eligibility requirements please contact the RIC on 1800 875 675 or visit the RIC website www.ric.gov.au.
Visit WebsiteSave For Later