What are Energy-Efficiency Loans?
The Carbon Trust Energy-Efficiency Loans are part of a £10 million government backed
initiative. The interest-free loans of between £5,000 and £100,000 are available to
qualifying small and medium sized enterprises (SMEs) in England and Wales* (regional
variations may apply) looking to invest capital in energy saving projects. All businesses
based in Northern Ireland* that have been trading for at least 12 months may now be
eligible to apply for an interest free loan of up to £200,000. The loans are repaid over a
period of up to 4 years.
*subject to terms and conditions
Why should SMEs be interested?
Energy efficiency makes sound economic sense. When upgrading existing equipment even
a modest investment in energy saving equipment can save a company over 20% on energy
bills. In favourable cases the amount of money saved each month will exceed the loan
repayments thereby increasing company profits by hundreds, or thousands, of pounds each
year throughout the payback period. Thereafter the full value of the saving contributes to
the bottom line.
Acknowledging that capital for such investment is often difficult to obtain, Energy-
Efficiency Loans are intended to reduce this barrier by providing access to capital on very
favourable terms:
- Completely interest-free
- Repayment period of up to 4 years
- No arrangement fees
As well as reducing the operating costs of business, greater energy efficiency also reduces
the amount of carbon dioxide emissions thereby helping combat climate change.
To find out whether you are eligible and for more information, please Contact Us
or visit the Carbon Trust SME Loans website
To find out whether you may qualify for a Carbon Trust loan and how much the loan could be if you replaced your existing lights with EcoLEDLighting replacements, please use our LED Energy Savings Calculator
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