Metro Finance, A leading independent non-bank lender for asset finance, has expanded its MetroEco product, which offers discounted rates and flexible terms on a range of environmentally focused assets, to include a further selection of sustainable technologies.
MetroEco is an Australian-first to make it easier and more affordable for small to medium enterprises (SME) to invest in environmentally friendly assets, such as electric vehicles, farming equipment, solar panels and charging solutions. The latest expansion now also includes electric trucks and forklifts.
MetroEco business development manager, Jessica Clarke explained that it was important for Metro to support industry adoption of more sustainable technologies.
“Transitioning business operations to a more sustainable model is a priority for many customers, but in many instances, it remains cost prohibitive. Metro has taken an industry leadership position with MetroEco, and it is our hope to support customers in making that positive step for the good of their business, and the community.”
The inclusion of e-trucks and forklifts means that these pieces of equipment now attract a 1% discount on finance from Metro, in keeping with other assets under MetroEco.
Metro Finance CEO, David Albest said that MetroEco’s expanded range of viable assets within the product signified an ongoing shift from businesses to utilise more sustainable methods of transport.
“From being free of nighttime noise restrictions to deliver off-peak in built-up areas to simply having a predominantly cheaper back-to-base refuelling option, the benefits of electrification in trucking are many. Reducing financial barriers to customers will definitely support the continued uptake of this crucial technology.”