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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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