The Federal Government have just announced the AgriStarter Loan is now available. They say they are 'loans to assist first-time farmers and loans to support farm succession arrangements'.
https://www.ric.gov.au/agristarter#guidelines
I have had a quick skim and it looks pretty good. Good rate and terms and it is excellent support next gen farmers and retiring farmers. But you still need to have a farm business plan, have some equity and have an arrangement with a bank. We will be working through the loan with our Cultivators in the current program to see how they can leverage this. It emphasises the need for you to have your farm business plan and/or investment proposal ready. There are so many opportunities to get onto your farm - the limitation is you having words on paper and financial model to convince someone to back you. This is why we run Cultivator - farm pitching program - a few times a year. So that we get you ready to jump onto opportunities like the AgriStarter Loan. Check out details here and we kick off on Feb 18. Applications close soon.
www.cultivatefarms.com/cultivator
Pitching 10 Farms to an investor - ep 40
Help us to launch an amazing website - Ep 39
Calling for Aspiring Free Range Pig Farmers - Ep 38
National Agriculture Day - Episode 37
Sam is coming to South Australia - Episode 36
Heading down to memory lane - Episode 35
Price drop from $400 to $150 membership discount! - Episode 34
Lifetime Discounted Membership - Episode 33
Document your farming journey - Episode 32
Benefits to different people and organisations - Ep 31
Tim and Tegan Hicks join us live - Episode 30
Your thoughts on Crowdfunding a farm - Episode 29
A Marketplace to pitch farms - Episode 28
How Gap equity Works for Aspiring Farmers? - Episode 27
Little Red Hen - Episode 26
Heading out to a retiring farmers property today - Episode 25
We were in 774 ABC Melbourne last Feb 7th!
We were on national TV Ad on Prime 7 - ep 24
Your family are priority - but keep hustling! - ep 23
We were on National Prime 7 - Ep 22
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