Get an interest rate discount on qualifying energy efficient vehicles and equipment

Customers can receive a discount^ when financing the latest fuel and energy efficient cars and equipment.

Discounts and qualifying equipment

Customers can take advantage of our energy efficient discount on finance for qualifying new and used energy efficient equipment or vehicles.

Up to 0.70% p.a.^ discount on finance for:

New and used cars, vans, trucks, buses powered by hybrid, electric and hydrogen drive trains where the funding amount is less than $250,000.

Up to 0.25% p.a.^ discount on a wide range of other qualifying assets including:

  • Agricultural equipment such as tractors and harvesters
  • Earthmoving and construction machinery including yellow goods such as excavators and wheel loaders
  • Charging and power storage equipment such as batteries and vehicle/machinery electric chargers
  • Heating, cooling, ventilation refrigeration projects
  • Solar hot water, heat pumps and waste treatment projects.

Features and benefits

  • Customers can fund up to 100% of the purchase price without using up the equity in other business assets as security
  • Lending can be structured monthly, quarterly or seasonally to match customers’ cash flow cycles
  • Select a loan option that best suits your customers’ needs from an Equipment Loan (Chattel Mortgage), Hire Purchase or Finance Lease
  • Finance is available through our accredited asset finance brokers for qualifying equipment valued from $20,000

 

Get in touch

For more information about Energy Efficient Equipment Finance, qualifying assets and equipment, get in touch with your CommBank Business Development Executive.

Things you should know

The information on this page is for general information purposes only and has been prepared without considering individual objectives, financial situation or needs. You should, before acting on the information, consider its appropriateness to an individual’s circumstances.

^ 0.70% p.a. and 0.25% p.a. discounts are limited to transactions less than $250,000 and apply to the rate you would normally have paid to finance qualifying assets. Discounts are available for qualifying assets over $250,000 by negotiation. Discounts apply the standard rate you would normally have paid for the type of equipment you wish to finance.

Credit provided by the Commonwealth Bank of Australia. Products mentioned on this page are only available to approved business customers and for business purposes only. Applications for finance are subject to the Bank’s normal credit approval and customer eligibility. Fees, charges and conditions apply. Rates are subject to change. Full terms and conditions will be provided with any agreement upon credit approval. View our Financial Services Guide. Find our Privacy Policy here.

The Asset Finance Terms and Conditions are available here.

Commonwealth Bank of Australia ABN 48 123 123 124 AFSL and Australian credit licence 234945.