Did you know making sustainable building upgrades could save your business money? We are excited to announce that businesses in Bayside can now access Environmental Upgrade Finance.
Bayside businesses are now supported to fund projects that help save money and improve economic and environmental performance through the Environmental Upgrade Finance program. Environmental Upgrade Finance is a long-term, low-interest loan that businesses can access to fund sustainable building upgrade works.
The program is designed to help businesses make sustainability upgrades without any out-of-pocket costs. Whether you are installing solar panels on the roof or a solar battery, replacing inefficient heating, ventilation and air conditioning (HVAC) systems, or an electric vehicle charging station, Environmental Upgrade Finance can help your business save money AND reduce emissions.
Environmental Upgrade Finance involves a three-way agreement between the business owner, council, and lender, called an Environmental Upgrade Agreement. The low-interest loan is provided by our lender partner, the Sustainable Australia Fund, which is then repaid by the business or building owner via the Council rates system.