RIC AgriStarter Loan (next-generation farmers)
Form number: RIC AgriStarter Loan application
AgriStarter is a concessional 10-year loan of up to $2 million for first-time farmers, farm successors and people taking over a family farm. It is the only RIC product designed specifically for new entrants — applicants are expected to have built up equity before applying (including net equity in off-farm assets such as a residence or investment properties offered as security), and must have existing commercial debt or demonstrate an agreement to obtain it.
Official source
ric.gov.auRelated topics
agristarter loan · next generation farmer · first time farmer loan · farm succession loan · ric agristarter · young farmer loan · farm loan · new farmer funding · agricultural loan · farm startup · rural finance · farm business loan · beginning farmer · agricultural financing · grants · funding · business grant
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