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Energy Efficient Equipment Finance

Posted on Tuesday 18th July 2017
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Features

  • Receive a 0.70% discount when you choose to finance qualifying energy efficient vehicles and equipment in your business
  • SmartSign technology keeps agreement execution online without the need to print
  • 100% financing of the cost of the equipment with pre-approvals available
  • The asset being financed usually acts as the security for the lending
  • Choose an agreement that best suits your needs from an Equipment Loan (Chattel Mortgage), Hire Purchase, Finance Lease or Novated Lease (Salary sacrifice)
  • Lending structured monthly, quarterly or seasonally to match your cash flow cycles
  • Minimum loan of $20,000
  • Finance arrangements can also be setup to cover projects that are built over time

Equipment that can qualify

  • Cars with low CO2 tail pipe emissions
  • Trucks and buses powered by an electric, hybrid or regenerative drive/engine
  • Machinery including excavators, cranes and forklifts
  • Agricultural machinery
  • Energy efficient lighting
  • Industrial refrigeration units and chillers
  • Commercial solar
  • Energy efficient electric motors, pumps and fans
  • Compressed air, variable-speed drives
  • Heating and cooling systems
  • Cogeneration and trigeneration plants
  • Heating, ventilation and air conditioning (HVAC) systems
  • Replacement of R22 refrigeration systems
  • Methane capture equipment

We will need to confirm if the equipment you are considering qualifies for the discount.

Benefits

  • 0.70% p.a discount off the rate you would normally pay to finance the specific equipment
  • Potential energy savings and increased productivity from the new equipment
  • Avoid large up-front cash outlays and retain working capital in your business
  • No need to tie up equity in other business assets as security
  • Greater power to negotiate the price on the equipment with pre-approvals