Upgrade Fund

Flexible, smart funding solution for innovative environmental upgrade projects

  • Loan terms of up to 20 years to maximise cashflow
  • No deposit or additional personal security required
  • Low, fixed rate interest periods with predicable repayments

LEARN ABOUT OUR
UPGRADE FUND

Is
available for my
property?

Our finance is offered in partnership with local councils. Check to see if yours is participating here

How It Works:

Upgrade Fund Finance

Our Upgrade Fund offers long loan tenors with competitive fixed rate interest periods for innovative environmental upgrade projects to existing non-residential buildings. With terms of up to 20 years available, your upgrade project will not only be viable, you could actually save your business money by having your savings exceed repayments.

Our expert team have extensive experience in working collaboratively with business owners, contractors and local government to get transformational environmental building upgrade projects off the ground.

20 Year Loan Example

A form of Environmental Upgrade Finance, our Upgrade Fund offers terms that other financiers simply can’t – including repayment terms of up to 20 years. The length of this term means you’ll be maximising the benefit and savings from your upgrade. Because our finance is secured by the land, not the owner, if the property is sold, the repayments can be taken on by the new owner.

Upgrade Fund is perfect for businesses looking at projects such as:

+ Energy efficiency upgrades
+ HVAC systems
+ Lighting technology and control upgrades
+ Green and cool roof installations
+ Water efficiency and treatment systems
+ Waste management

Its unique benefits are helping businesses make significant savings and deliver a huge environmental impact.

Benefits
Upgrade Fund Other Finance
Loan terms of up to 20 years to maximise cashflow X
No deposit or additional personal security required X
Competitive interest rates with predicable quarterly repayments X
Up to 100% project finance, including hard and soft costs X
Loan fully transferrable upon sale of building X
Repayments can be shared with tenants without renegotiating lease X

Financing your environmental upgrade project with Upgrade Fund is surprisingly easy.

  1. Engage a contractor to scope and quote on the works.
  2. Our expert team will work with you to match an Upgrade Fund term that maximises your business cashflow
  3. Project is greenlit, and your business, local council and SAF sign an Environmental Upgrade Agreement (EUA)
  4. Up to three progress payments can be made and down payment refunded to customer
  5. A fixed Environmental Upgrade Charge (EUC) will be sent with your next local council rates notice

    Sustainable Melbourne Fund

    Enquire Now

    Complete the form below and our team will be in touch to discuss your project

    What Can be Funded?

    Any type of business can apply for Upgrade Fund, provided:

    • Council supports environmental upgrade finance
    • Building is on rateable land
    • Primarily a non-residential property
    • Upgrade has a measurable environmental benefit

    This includes Agriculture, Commercial Office Building, Tourism and Commercial and Industrial properties.

    So long as the works have a measurable environmental benefit, they will likely qualify.

    ENQUIRE NOW

    Availability in Your Area

    Check Availability in Your Area

    Our finance is currently enabled in Victoria, New South Wales and South Australia. Look up your address to see if it's available to businesses in your council area.

    Sustainable Australia Fund

    Look Up Your Address
    Please enter your business street address, or council, so we can check if our finance is available there.

    Sustainable Australia Fund

    Now Available

    New Fast Track Green Loan now available!

    Our new Fast Track Green loan will deliver more speed, greater flexibility, and extra choices for our customers.

    This includes:

    + Accelerated approval: With our Fast Track Green Loan, eligible businesses can secure up to $200,000 without the need to submit financials for faster approvals.

    + Fixed and Variable Rate Interest Options: All our eligible businesses can now choose an SAF green loan, including out Fast Track Green Loan with either a fixed or variable interest rate, providing the flexibility in funding you deserve.

    Find out more and apply today!