Loans to strengthen your farm business
Farm Investment LoansLast Updated: 1 September 2022
Farm Investment Loans
Farm Investment Loans provide farm businesses with loans to help build and maintain a strong, resilient and profitable business.
Application detail:
Apply at any time.
What do you get?
Loans of up to $2 million.
Who is this for?
Farm businesses.
Overview
Farm Investment Loans provide farm businesses with loans to make farms stronger, more resilient and more profitable.
The loans may be used to:
- strengthen your farm business
- access markets interstate or outside Australia
- prepare for, manage through or recover from drought
- refinance existing debt
- pay for operating expenses or capital
- enhance productivity
- fund drought-related activities
Loans of up to $2 million over a period of 10 years are available. Repayments over the first 5 years are interest only, then principal and interest for the remaining 5 years. After 10 years, any remaining balance on the loan can be refinanced with a commercial lender.
Check if you can apply
To be eligible, you must:
- be an Australian citizen or permanent resident
- contribute at least 75% of your labour to the farm business (under normal circumstances)
- earn at least 50% of your income from the farm business (under normal circumstances)
Additionally, the farm business you are running must:
- solely or mainly sell products into supply chains that are interstate or outside Australia, or plan to in the future
- have existing commercial debt
- be registered for tax purposes in Australia with an Australian business number (ABN) and be registered for goods and services tax (GST)
- be in financial need of a loan
- have the capacity to repay the loan
- operate as a sole trader, trust, partnership or private company
- be in the agriculture, horticulture, pastoral, apiculture, or aquaculture industry
Apply now
Apply for the Farm Investment Loans
Find out more about your eligibility and how to apply.