Environmental Upgrade Finance
Rural City of Wangaratta businesses can now access finance agreements for environmental upgrades to their buildings.
Council has signed an agreement with Better Building Finance to allow local businesses to take advantage of opportunities to finance projects that have environmental benefits.
Potential projects include renewable energy with or without battery storage, grey water systems, green roof installation, heating or air conditioner technology upgrades, permanent refrigeration upgrades, solar thermal hot water, etc.
There are a number of benefits for businesses that include competitive interest rates, long term finance and reduced opertaional costs.
EUA finance is secured against the building rather than the building owner, with repayments collected by Council. Businesses can apply for finance through Better Building Finance.
The minimum loan amount is $15,000.