By: greenbank On: May 01, 2016 In: Comments: 0

CEFC committed AU$200 million to the Westpac Energy Efficient Financing Program to support small businesses across Australia that want to invest in solar, energy efficient technologies, and low emissions vehicles. The Westpac Energy Efficient Financing Program is tailored to suit a broad range of Westpac’s customers, including health and aged care, agribusiness, and education, as well as state and local government.

The program provides customers with a 0.7 per cent discount on finance for investment in solar, energy efficient technologies and low emissions vehicles. Finance is available for projects of more than AU$15,000 over periods of up to 10 years. Up to 100 per cent of value of the equipment can be financed through the program. Finance leases, commercial loans and commercial hire purchase facilities are available through the program. Financing is structured over the life extectancy of the asset.

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