Regional Investment Corporation Open to Farmers
The Regional Investment Corporation (RIC) is now open for business, offering low-interest farm loans directly to farm businesses.
The RIC are the new national administrator of the Australian Government’s farm loans scheme and replaces the loan scheme offered through state delivery agencies.
Wayne had the story on the Morning Show.
Under the new program, eligible farmers are now able to apply for two loan products – drought loans and farm investment Loans.
Farmers are encouraged to not self-assess, and advised to contact the RIC to discuss individual circumstances before deciding whether to apply.
Visit www.ric.gov.au for more information or call 1800 875 675 during business hours.
For more stories from rural Australia, join Wayne on the Morning Show, Monday to Thursday from 10am on Flow FM