The CEFC is investing up to $200 million alongside ANZ Bank as part of a new program to provide discounted clean energy finance to ANZ business customers. The discounted finance is designed to encourage small to medium sized (SME) businesses to invest in a broad range of activities to cut their emissions – from renewable energy to energy efficient and precision agricultural equipment, recycling technologies, and electric vehicles. The CEFC and the ANZ will each contribute 0.25 percent toward a 0.5 percent discount on loans of up to $5 million. The finance extends the well-established CEFC co-financing programs, which have seen financial institutions provide more than 5,500 asset loans to business borrowers Australia-wide.