The 2nd round of loan applications for the Farm Finance Concessional Loans Scheme in Victoria has opened. Rural Finance is acting as the delivery agent on behalf of the government for this scheme in Victoria.

The scheme aims to assist Australian farmers who are currently struggling with high levels of debt by refinancing existing debt and/or providing new loans to fund productivity enhancement activities that will help farmers to better manage their debt in the future.

Minimum amounts for the loans start at $100,000 up to a maximum of $650,000 with a very enticing interest rate of 4.5%.

Additional information along with guidelines & application forms can be found directly on Rural Finance's website.

If you think that you could benefit from one of these Farm Finance Concessional Loans or would just like some advice on business related finances, please call the office on 0350329422 or email us at contact@gmgfg.com.au.