At the Sustainable Australia Fund, we address climate change by helping businesses mitigate their impact on the earth. We provide finance so they can install a range of environmental upgrades, which helps them reduce their energy use, save them money and clean up their carbon emissions.
Upgrade Finance is available in many suburbs across Victoria, New South Wales and South Australia. It’s enabled through local councils, and is repaid alongside quarterly rates notices, which in turn enables us to offer long-term funding at competitive interest rates.
But why finance your upgrades through us, when you could take out a traditional bank loan instead? Well, with no personal or business guarantees required, loan terms as long as 20 years to preserve cash flow, and a range of environmental upgrades on offer, Upgrade Finance can have you saving money – and emissions – sooner.
Unlike other loans, Upgrade Finance is secured to the property, instead of the business or owner that occupies the building. We don’t require business or personal guarantees to offer our finance because the property itself provides the security.
It also means that if the current owners decide to sell their property before the loan is paid off, it can be novated to the new owners. Should the new owners agree to take it on, they still get to enjoy the benefits of the installed upgrade.
We can finance 100% of the funds needed for your project at highly competitive interest rates with 5-year fixed interest periods. Our loans range from $15,000 to more than $10 million and require $0 deposits upfront. We also fund any soft costs associated with the project and can reimburse any preliminary expenses incurred to help you apply for the loan.
Unlike a traditional bank loan, our terms can extend out to 20 years, more than double what other lenders can provide. This helps preserve cash flow which can be directed straight back into the business.
Our finance can be used for a range of environmental upgrades. Most of our clients have elected to install solar panels, but we’ve also been known to finance other sustainability projects like worm farms, asbestos removal and rainwater catchment systems, just to name a few. As long as it has a positive environmental impact, we’d like to help make it happen.
Once you’ve chosen which installer to work with, we conduct a due diligence check, so you’ll be confident you’re in good hands. We’re also the only lender that requires installers to provide energy savings and environmental offset quantities during the planning stage, leaving you with the peace of mind that everything is being done to make your upgrade as effective as possible.
With clients owning their new upgrades from day one, business owners can enjoy a positive environmental impact from the moment they are installed.
An arrangement like this is perfect for landlords, as it provides an incentive for current tenants to remain in the space, or for new tenants to move into a modernised building. Tenants can cover repayments as they are passed through on the rates notice, without having to amend their lease, while also benefiting from the savings most of these upgrades can provide, such as reduced power bills thanks to solar. And should the owner decide to sell the property later on, it’s likely that the upgrades will increase the value of the building.
Upgrade Finance is easy to access, flexible to repay, and strives to keep your business cash flow positive. Chances are, you’ll want to come back for more.
Many of our clients are repeat customers who have discovered how well our finance suits their needs. They return to enact more upgrades on the original property, or to put their resources towards other commercial buildings.
Ready to make the change? Get in touch with us today to discuss your project and eligibility criteria for Upgrade Finance.
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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!
