North West News

DROUGHT LOANS STILL AVAILABLE FOR LANDHOLDERS IN DEBT

Drought-affected landholders and businesses are being encouraged to take advantage of two-year interest free loans before the end of the month.

Loans of up to $2-million for farm businesses and $500,000 for small Ag businesses are currently available from the Regional Investment Corporation.

The financial leg-up can assist in refinancing existing debt or to fund activites such as replanting and restocking.

But, from September 30, the loans’ terms will change.

Eligible parties can apply via the Regional Investment Corporation website.

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Isobella Evans

Isobella Evans is a journalist with NBN News in Newcastle. After discovering a love for writing in primary school, Bella went on to complete a Bachelor of Communication at the University of Newcastle in 2018. She enjoyed a series of internships, including a gig at the Royal Easter Show, before receiving a full-time position at NBN's Tamworth bureau, where she worked for almost three years before moving to the company's Newcastle office in 2021.

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