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Step-by-Step Guide “How to apply for technology financing”

Step 1

Select technologies

Use the Technology Selector to choose your eligible equipment and materials. Obtain manufacturer specifications that confirm minimum performance requirements and a pro-forma invoice from your local supplier/distributor.

Apply

Complete the application form (also available from participating financial institutions) and submit it to your local financing branch, along with the documents obtained in Step 1.

Financial eligibility check

Your financing branch will assess your financial eligibility and request a technical eligibility check.

Technical eligibility check

The technical criteria of the chosen equipment will be checked against the Technology Selector.

Step 2

Finance agreement

After successfully completing the first step, the financing branch will prepare the finance agreement for your signature.

Disbursement

After signing the agreement, your finance will become available, permitting the eligible green investment opportunities to be adopted.

Adopt technology

Arrange for the technology to be adopted by your business, taking care to archive any installation certificates, guarantees or maintenance contracts, along with the technology proof of purchase (as these will be needed during verification).

Step 3

Verification request

Once your technology has been adopted and is performing as expected, complete the verification request form and submit it to your financing branch.

Verification

The GEFF team will arrange to verify that the technology has been adopted and is performing effectively (this may also require an on-site visit and check).

Incentive payment

After successful verification, the financing branch will release the established investment incentive for you, typically within one month. Your adoption of technology will then become one of the GEFF success stories.