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Local businesses can access Environmental Upgrade Finance (EUF) to help fund projects that help them save money and improve their economic and environmental performance.
EUF is a loan for building upgrade works, which are repaid back via quarterly council rates. A lender provides the upfront capital for the works, which the business then repays through the council rates system over periods of up to 20 years. We will then remit it back to the lender.
We have partnered with Better Building Finance to offer this to local businesses. Visit the Better Building Finance website for more details.
Scope your environmental upgrade project with a contractor and get a quote. Make sure that it is an eligible upgrade.
Familiarise yourself with the terms and conditions, and application form on the Better Building Finance website
Start your application on the Better Building website. Once your provide your details, the Better Building team will be in touch.
Better Building will help you to complete your application and connect you with participating lenders
Lender provides the upfront capital for the upgrade project.
Owner (and/or tenant) makes repayments via an Environmental Upgrade Charge (EUC) on council rates.
To qualify, applicants need to meet the eligibility criteria listed below as well as any credit criteria set by the lender:
Learn more about eligibility by contacting Building Better Finance.
EUF can be used to fund a broad range of upgrade works, such as solar, waste, and water projects. It just needs to improve the energy, water, environmental efficiency or sustainability of existing buildings. Popular projects include:
P: 1300 101 223