Regional Investment

The Regional Investment Corporation (RIC) is a federal government-backed specialist finance provider for farmers and farm-related small businesses. For the financial year to 31 January 2021, the RIC has approved more than 935 loans valued at more than $966 million. With process improvements and increased staff, the RIC has already approved more loans this financial year than all of the previous financial year. Since its inception on 1 July 2018, the RIC has approved more than 1,730 total loans valued at more than $1.83 billion as at 31 January 2021.