NAB Green Finance for Vehicles and Equipment - asset categories
Asset category | Eligible asset type | Eligibility requirements |
---|---|---|
Transportation |
Eligible asset type
|
Eligibility requirements
We’ll need a tax invoice and may require additional evidence specifying the make, model and engine capacity. Additional information may be required including information about use of the asset and its emissions, and confirmation of the power source.View Disclaimer 2
|
Renewable energy |
Eligible asset type
|
Eligibility requirements
We'll need a tax invoice and may require additional evidence including (but not limited to) a project plan or scope of works which clearly identifies the assets being financed and their particular costs within a project.View Disclaimer 2 |
Manufacturing |
Eligible asset type
|
Eligibility requirements
Specific eligibility requirements apply, speak to a NAB business banker for more details. Additionally, a minimum finance amount may apply to be eligible.View Disclaimer 2
|
Energy efficient agricultural equipment |
Eligible asset type
|
Eligibility requirements
Eligibility is subject to NAB assessment on a case-by-case basis. To assess eligibility for tractors and harvesters we'll need a tax invoice specifying the make, model and series. For irrigation equipment we’ll need to confirm that it is solar powered, the tax invoice must note variable speed drive and variable rate application.View Disclaimer 2 |
Waste management and recycling |
Eligible asset type
|
Eligibility requirements
Specific eligibility requirements apply, speak to a NAB business banker for more details. Additionally, a minimum finance amount may apply to meet eligibility.View Disclaimer 2
|
Heating verification and air conditioning (HVAC) systems |
Eligible asset type
|
Eligibility requirements
We’ll need tax invoice(s) for all equipment and installation costs.View Disclaimer 2
|
Bioenergy |
Eligible asset type
|
Eligibility requirements
We’ll need tax invoices(s) of all equipment and installation costs. Additional eligibility requirements apply. Speak to a NAB business banker for more details.View Disclaimer 2 |
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Important Information
- Disclaimer 1
Asset eligibility under the discounted NAB Green Finance for Vehicles and Equipment Program supported by CEFC is separately assessed. Ask your banker or finance broker for more information, including how to apply
- Disclaimer 2
Vehicles and equipment that meets NAB's eligibility criteria
NAB will need to be satisfied that your vehicle or equipment meets NAB's eligibility criteria, qualification is not automatically guaranteed. Eligibility criteria are subject to change, and we may require additional information or ask you to clarify information you have given to us. Some asset classes may be subject to specific emissions and energy efficiency data being made available to NAB, or may be subject to specific exclusions or additional requirements. NAB Green Finance for Vehicles and Equipment is subject to NAB credit assessment and approval. NAB may apply discretion when assessing applications and reserves the right to decline applications even where the eligibility criteria are met.
- Disclaimer 3
NAB Green Finance for Vehicles and Equipment
NAB Green Finance for Vehicles and Equipment refers to financing provided to certain categories of vehicles or equipment that NAB has determined are eligible to be financed under its NAB Green Business Lending Framework. Eligibility criteria have been developed by NAB and are subject to change. Eligible vehicles or equipment may be referred to as green vehicles or green equipment.
DNV Business Assurance Australia Pty Ltd (DNV) has provided a second party opinion to NAB confirming that the NAB Green Business Lending Framework aligns with the Green Loan Principles (February 2023) published by the Asia Pacific Loan Market Association, the Loan Market Association and the Loan Syndications and Trading Association. For further information about DNV see: https://www.dnv.com/services/second-party-opinion-service-9427, opens in new window.
NAB Green Finance for Vehicles and Equipment was previously referred to as NAB Business Finance for Green Equipment with eligibility assessed under NAB’s Equipment Finance Green Asset framework.
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