NAB is offering a 0.70 per cent cut on financing for farmers and related agri businesses looking to improve energy efficiency.
NAB has advised Adams Accounting that as well as irrigation systems, the bonus also applies to qualifying equipment such as some light vehicles, variable speed drives, industrial/commercial refrigeration, heating ventilation and air-conditioning, solar & solar thermal, biogas, waste diversion, process equipment upgrades, building monitoring systems, voltage optimisation assets, lighting, bundled technologies etc.
The following article is from The Land news
Written by ANDREW MARSHALL on 11 June, 2015
“DISCOUNT borrowing costs are being promoted by National Australia Bank (NAB) for farmers and related agribusinesses looking to improve energy efficiency or invest in renewable options such as solar, biogas or wind power.
NAB has teamed up with the government-backed Clean Energy Finance Corporation (CEFC) in a $120 million funding program which allow...