Home News AgBiz drought loan applications now open

AgBiz drought loan applications now open

RIC AgBiz drought loan applications are now open for small businesses that supply goods or services relating to primary production to farm businesses in affected areas.

The AgBiz Drought loan is designed to improve drought affected small businesses’ long-term strength, resilience and profitability through working capital and existing debt re-financing. The loan is valued at up to $500,000 over a 10-year period, with an interest free period of two years, followed by an interest-only period of three years, then five years principal and interest.

Full details here: https://www.ric.gov.au/agbiz-drought or give us a call and we can assist with your application.

Don’t be overwhelmed by all the paperwork involved with these applications, let us help you complete the forms and required attachments ready for assessment. We have been successfully preparing similar applications for QRAA, QRIDA and now RIC over the past 30 years.

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