The Australian Government, through the Regional Investment Corporation (RIC), is providing AgBiz Drought loans to eligible drought-affected small businesses. The loans are available to small businesses that supply primary production related goods or services to farm businesses in affected areas, to improve their strength, resilience and profitability in the long term.
Small businesses, that supply primary production related goods or services to farm businesses in affected areas, may suffer financial hardship due to the effects of drought causing a reduced demand and income from farm businesses for the small business’ goods or services. This loan is to help ensure their profitability and productivity into the future.
This paper gives an overview of the Regional Investment Corporation - AgBiz Drought Loans and has been written under the following headings:
- Overview Of The Program
- Loan Amount
- Closing Date
- Information Documentation
