RURAL LENDING
Concessional lending and RIC.
Government-backed finance at below-market rates for eligible Australian rural operators.
The Regional Investment Corporation (RIC) offers below-market rate loans to Australian farmers for farm investment and drought recovery. State governments also offer concessional lending products for eligible rural operators. These products are not widely understood or widely accessed.
Clunes works as a referral and placement partner for RIC and state concessional products. We help eligible operators understand the products, assess eligibility, and navigate the application process. RIC loans are placed directly with the RIC — we facilitate, not originate.
WHAT IS TYPICAL
- Deal size
- Up to $2m (RIC), varies by state scheme
- Security
- As required by the RIC or state authority
- Eligibility
- Primary producers; drought-affected operators; investment purposes