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 Upgrade Fund
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
Up to three quarters with no repayment 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

    I am enquiring about:

    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

    Our Team

    Scott Bocskay

    CEO / Managing Director

    Lawrence Graham

    Business Development
    Manager

    Agriculture

    Christine Gross

    Channel Partner
    Manager

    National

    Want to Know More?

    Find out if you qualify for an environmental upgrade finance agreement. Complete the form below.

      My planned upgrade includes:

      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

      Our Installation Partners

      Success Stories

      Yarra Valley Estate

      John and Louise Ward – co-owners of the Yarra Valley Estate – are committed to running as sustainable a business as they can. A set of solar panels are the cherry on top for their woodland getaway.

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      Kings Business Park Precinct

      This commercial and retail precinct (built in the 80s) used an Environmental Upgrade Agreement to finance building upgrades that improved building efficiency and saved them hundreds of thousands of dollars on their yearly energy bill.

      READ MORE

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      Now Available

      $3,500 SOLAR FOR BUSINESS REBATE
      The Solar for Business Program is now live! You can cover additional costs to install solar using our finance.

      Register your interest for Environmental Upgrade Finance below, and we will be in touch to discuss your project. Limited grants are available, so apply today to ensure you don't miss out!