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AgBiz Drought Loans Program Closes: Ongoing Value: Up to $500,000 Run By: Australian Government Regional Investment Corporation Further Information: https://www.ric.gov.au/agbiz-drought

You can only apply for concessional this loan if your small business is currently or has been supplying goods or services relating to primary production to farm businesses in an affected area. This loan is not available to farm businesses.

The loan is for ten years and has no fees, 2 years interest free, 3 years interest only and 5 years principal and interest.

It may be used for:

  • refinance your debt
  • pay suppliers
  • pay for operating expenses
  • pay salaries, wages and rent
Last Updated: 15th of October 2020
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Farm Investment Loans Grant Closes: Ongoing Value: Up to $2 Million Run By: Australian Government Regional Investment Corporation Further Information: https://www.ric.gov.au/farm-investment

You can apply for this loan if you solely or mainly sell products into supply chains that are interstate or outside Australia, or plan to in the future.

It may be used for:

  • improve long-term strength, resilience and profitability
  • diversify your markets
  • ​refinance existing debt
  • prepare for, manage through or recover from drought
  • access new debt for operating expenses and capital
Last Updated: 15th of October 2020
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Drought Loans Grant Closes: Ongoing Value: Up to $2 Million Run By: Australian Government Regional Investment Corporation Further Information: https://www.ric.gov.au/farmers/drought

Concessional loan to help farm businesses in the agriculture, horticulture, pastoral, apiculture, or aquaculture industryto prepare for, manage through, and recover from drought.

The loan is for ten years and has no fees, 2 years interest free, 3 years interest only and 5 years principal and interest.

It may be used for:

  • refinance your debt
  • pay for operating expenses or capital
  • access new debt for operating expenses and capital
Last Updated: 15th of October 2020
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