FlexiGroup partners with Low Carbon Australia

John Kavanagh
Finance company FlexiGroup has entered into a partnership with a government-backed organisation, Low Carbon Australia, to provide leasing products for small companies that want to upgrade to energy-efficient technology.

Low Carbon Australia has established partnerships with Alleasing, Macquarie Group, National Australia Bank and Origin.

In a statement yesterday, Low Carbon Australia said that under its co-financing partnership with FlexiGroup it will fund up to A$5 million, which will support $33 million of new energy finance.

FlexiGroup will target the SME market with a range of finance leases and equipment rental deals. Deals will be worth $3000 up to $100,000.

FlexiGroup will distribute through a number of vendors, including Urban Group Australia, Nickel Energy, Eutility and Energy Management.