Drought Loans Available


The details of the Government’s 1 billion dollar drought plan aren’t available yet but the following loans are available to farmers.

Farm Innovation Fund – NSW Residents Only

  • Borrow up to a maximum of $1mil to build on farm infrastructure
  • Interest rate 2.5%
  • Term is up to 20 years.
  • Security: Statutory Charge and registered caveat over the property.


Drought Assistance Fund – NSW Residents Only

  • Up to $50k interest free loan.
  • Transport of livestock, fodder or water
  • Water and fodder infrastructure
  • Activities which promote profitability and resilience
  • Term: two years repayment free from the date loan is drawn down and then up to five years of principle only repayments
  • Security: Statutory Charge and registered caveat over the property.


Drought Loan with Regional Investment Corporation (RIC)

  • Up to $2mil for refinancing (restructuring existing debt), accessing new debt for operation expenses and capital expenditure.
  • Interest rate: 3.11% variable rate
  • Term: 10 years – first 5 years interest only, then principal and interest for the remainder of the 10 year term.


Need more help or information?

Click the link below to contact us at Plus 1.

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Monday to Friday
8:00am to 5:00pm

Closed Public Holidays


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27 Welsford Street
Shepparton, VIC 3630

T: (03) 5833 3000
F: (03) 5831 2988
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