Being
energy efficient
In order to uncover useful information about Bruce’s situation, the following questions can be asked:
- What are you looking to buy?
- How much do you want to spend?
- When do you want to buy the tractor?
- From where are you buying the tractor?
Click through the timeline to discover how Bruce responds.
Digging deeper
Bruce indicates he wants to buy a new John Deere tractor from a local dealer. The tractor will cost $250,000 and he is looking to take delivery of the tractor in the next two months.

Assessing details
Being aware of the possibility of an Energy Efficient discount for qualifying, efficient machinery, you engage your local Asset Finance Specialist for assistance.
Your Specialist will work with Bruce to assess his current and future Asset Finance needs and look into whether the Bank can offer the 0.70% Energy Efficient discount.

Energy efficient
The Asset Finance Specialist asks Bruce about the details of the tractor he is looking to finance for the dairy farm, compared to his current machine.
The Specialist confirms the equipment being financed is at least 20% more efficient than the existing tractor, and therefore meets the Clean Energy Finance Corporation (CEFC) energy efficiency criteria. As proof of the energy saving, an evidence letter is required to be signed by the dealer, mechanic or qualified engineer.

Discounted rates
Bruce is delighted to hear that as he is eligible to receive a 0.70% discount on rates over the term of the finance and is happy with the way the Specialist structured payments to fit his seasonal cash flow.
