Business Sustainability Loan

Wherever you are on your sustainability journey, find out how we can support your steps to improve environmental and social outcomes.

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Key Features

Available for eligible sustainability purposes

The Business Sustainability Loan supports your sustainability journey by providing a special variable interest rate on term loans for an eligible environmental or social purpose.

Special variable interest rate

Loans are priced at a special variable interest rate, ASB's Special Purpose Base Rate. To learn more on rates and fees, visit Business and rural loan interest rates and fees.

Borrow from $25,000 to $2 million

The Business Sustainability Loan is available on Business Term Loans and Asset Finance Term Loans from $25,000 to $2 million. Speak to one of our experts about how we can help with loans larger than $2 million.

Eligibility and Verification

To apply, we will need to verify that the loan is for one of our eligible Business Sustainability Loan purposes. 

For more detail on the verification and eligibility requirements, please speak to your ASB relationship manager or speak to one of our experts. Our team will work with you to assess whether your business and borrowing purpose meets the eligibility criteria.

Green Certified Buildings

Qualifying Green Certified commercial building and developments, and qualifying Green Certified residential developments. Green Certification requirements vary and include Commercial 5 or 6 Green Star (Design & As Built), Commercial 4, 5 or 6 Green Star Performance, Residential 6/7 Homestar (minimum) and Passive Houses.

Sustainable Land and Water Use Initiatives

Qualifying afforestation, reforestation, and riparian planting activities. Qualifying activities in relation to biodiversity and protection of ecosystems. Qualifying activities to improve water efficiency and protecting waterways from pollution.

Energy Efficiency

Finance for qualifying products and associated planning, consenting and labour, that reduce energy use/carbon emissions of industrial processes by at least 30% through qualifying efficient and renewable energy alternatives. Purchase of qualifying energy efficient products such as solar installations, heat pumps, chillers, air conditioning, insulation, glazing, LED.

Lower Carbon Vehicles

Finance for qualifying vehicles (e.g. EV, plug-in hybrid electric vehicles, hydrogen powered vehicles), or EV charging infrastructure.

Waste Reduction

Finance for qualifying waste reduction equipment, products, or projects to reduce waste, divert waste from landfill or reduce carbon emissions where a customer has or will attain a qualifying certification for responsible waste and environmental management.

Positive Social Outcomes

Access to essential services for marginalised communities or groups (education training, healthcare, financial services, and sustainable food systems). Affordable and social housing to address recognised social needs. Employment opportunities for marginalised communities. Revitalising of Te Reo Māori, Tikanga, and Te Ao Māori (Māori language, custom and culture).


Am I able to apply for more than one loan on ASB's Business Sustainability Loan?

You may apply for multiple term loans that qualify, for up to $2 million. Offer is available at ASB's discretion even where lending and eligibility criteria are met.

I want to invest more than $2 million in sustainable initiatives. Can I still apply?

Yes, please speak to your ASB relationship manager or find an expert to discuss how we may be able to help.

Are there any fees that apply?

Standard Business Banking term loan fees may apply. Any legal costs associated with our documentation and security is for your own costs. For some eligibility criteria and verification, external certifications may be required, any costs and ongoing annual fees are for you to pay.

I'd like to fund multiple of the same improvements under a given eligibility criteria. Can I do this?

You may elect to purchase/install more than one initiative, e.g. purchase multiple qualifying vehicles. If the loan amount will exceed $2 million please contact your ASB relationship manager or one of our experts.

How long will ASB's Business Sustainability Loan be available for?

ASB may change or withdraw the offer for new lending applications at any time. ASB's Business Sustainability Loan offer is available at ASB’s discretion even where lending and eligibility criteria are met.

Next steps

Enquire online

Tell us about your business and how we can help, and one of our team will get back to you.

Enquire now

Talk to an expert

Our business and rural experts can help you choose the right products and services for your business.

Find an expert

ASB Bank Limited's lending criteria and terms apply. Only available on term loans for business or rural purposes where applicants meet ASB's eligibility and verification criteria. Verification requirements and eligibility criteria are subject to change. ASB will require evidence and documentation of the funding purpose to our satisfaction.

Rate, offer and fees may change. See Business and rural loan interest rates and fees for details. Refer to asb.co.nz for a summary of eligible sustainability purposes. The Business Sustainability Loan offer is available at ASB's discretion, even where lending and eligibility criteria are met.