TASMANIAN ENERGY EFFICIENCY LOAN SCHEME

Small Business purchases $10,001 to $40,000

As part of this scheme, Capital Finance Australia Limited, a wholly-owned subsidiary of Westpac Banking Corporation, is pleased to offer Tasmanian small businesses the opportunity to apply for an interest-free business loan attributable only on eligible energy efficient products. There is a maximum payback period of 5 years for loan amounts between $10,001 and $40,000.

Before applying, it is recommended that you seek independent financial advice to ensure TEELS is appropriate for your circumstances.

How it works:

  • After reading TEELS information, Terms and Conditions and FAQs, you source a quote for your desired product/s.
  • When you submit your TEELS request, we will provide your details to Capital Finance Australia Limited, subsidiary of Westpac Banking Corporation.
  • On receipt of your details and within 7 business days, a representative of Capital Finance will contact you by telephone to discuss your application.
  • Capital Finance will ask you for information required to complete your application, including the product quote/s you need to have sourced.
  • If your loan application is approved by Capital Finance, you will be notified in writing.
  • You will need to sign CFAL’s lending terms and conditions.
  • Take your written finance approval to your chosen installer to arrange installation.
  • Your installer will need to provide a tax invoice to you and to Capital Finance.
  • You confirm that installation has been completed as expected by signing a delivery / installation receipt.
  • Capital Finance can then make payment directly to your installer.
  • You need to retain your invoice for warranty purposes and send a copy of the invoice to Capital Finance.

Small business customers will not pay a fee when we refer you to the Westpac Group. We will only refer you to the Westpac Group with your consent by your acceptance of the TEELS Terms and Conditions.

VIEW ELIGIBLE PRODUCTS VIEW FAQs

Applications for small business loans with Capital Finance are subject to its lending criteria. Fees, charges and conditions apply.
Westpac Banking Corporation ABN 33 007 457 141
Capital Finance ABN 23 069 663 136

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