Drought aid: Low-interest loans for farmers in trouble

Staff reporterMidwest Times
RIC Business Development Manager for WA Steve McDougall.
Camera IconRIC Business Development Manager for WA Steve McDougall. Credit: Regional Investment Corporation/Regional Investment Corporation

Gascoyne farmers and farm-related small business owners in difficult circumstances are invited to apply for a low-interest loan from the Federal Government’s Regional Investment Corporation.

The Corporation’s WA representative, Steve McDougall, is in Carnarvon, Gascoyne Junction and Exmouth from September 29 to October 1 meeting farmers, farming small business owners and agribusiness finance specialists.

He encourages anyone interested to find out more to make an appointment online.

“We know the Gascoyne region has been hit hard by drought conditions with many properties unfortunately having to rapidly de-stock,” Mr McDougall said.

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“So we expect there will be farmers and farm-related small business owners interested to find out more about our affordable Drought and AgBiz Drought loans.”

He said Corporation drought-related loans could be used to prepare for, manage through and recover from drought.

“All of our loan guidelines and resources can be found on the website, but often it helps to have a chat face-to-face,” Mr McDougall said.

Online appointments can be made at www.ric.gov.au/events or by emailing Mr McDougall at steve.mcdougall@ric.gov.au.

He is available for morning appointment in Carnarvon on Tuesday, September 29, Gascoyne Junction on Wednesday, September 30, and Exmouth on Thursday, October 1.

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