The Farm Business Concessional Loans Scheme in Victoria allows eligible Farm Businesses to access three types of loans:
Funding is available under the scheme with the objective to:
- Assist commercially viable drought-affected Farm Businesses to continue to operate through drought conditions, recover once the season breaks and prepare for future droughts.
- Assist commercially viable Dairy Farm Businesses through the short-term crisis caused by the May 2016 decision of Murray Goulburn, Fonterra and National Dairy Products to reduce farm gate milk prices.
- Assist the owner of a commercially viable Farm Business who has exhausted their full 1,095 day FHA entitlement, on or before 30 June 2018, to continue to improve the financial circumstances of the Farm Business.