Energy-efficient equipment capital lease finance for business

Program name: 
Sustainable Finance for Energy Solutions
Location: 
Type: 

Overview

The Sustainable Finance for Energy Solutions scheme assists Victorian businesses take up capital lease. A capital lease is a contract where a financier buys energy efficiency equipment for a business who pays it back over time.

You need to find a financier who offers capital lease financing. Most major banks offer it, so your bank is a good place to start. The financier will purchase the energy-efficient equipment for you. You make monthly repayments to the financier. At the end of the agreement, you have the option to buy the equipment.

It’s advised to always seek advice from your accountant.

Benefits

  • reduce energy use and energy bills
  • reduce greenhouse gas emissions
  • no upfront cost or security

Next steps

Check your eligibility:

Victorian Government website

Find a financier that will provide a discount on energy-efficient equipment and renewable energy equipment upgrades.