UK Carbon Trust Interest Free Loan Initiative For Enterprise
strong>Carbon Trust Interest Free Loan Initiative
Here’s some information from the UK Carbon Trust, about enterprise loans for energy saving equipment. The initial outlay for energy saving devices can be high, but they will always pay back in the form of lower running and maintenance costs. For example, low energy lighting will typically pay for itself in six months, so cancelling any loan taken out for the equipment. If solar cells are installed to run the energy saving lights, it will take longer for payback, but the eventual gain will be free energy, and because of the use of low energy lights, the solar cell capacity can be reduced, equalling a further gain.
This is anoher good initiative from the Carbon Trust.
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Contact us 0800 085 2005
Loans for energy saving equipment
On 29th June 2009 changes were made to the size of the loan and size of enterprise supported by the loan scheme. We could now lend your enterprise as much £400,000 or as little as £3,000 to undertake energy saving projects that reduce your energy costs.
We also now lend to businesses that do not qualify for participation in the Carbon Reduction Commitment*. As a guideline this is typically an annual electricity spend of £500,000.
In today’s economic climate, it may be difficult to get the credit you need to upgrade to more energy efficient equipment. Our loans could be the solution. They not only offer interest free credit to help you make your business more efficient, they also help you lower your energy bills and cut carbon emissions.
An unsecured 0% loan that could pay for itself
The Carbon Trust’s Energy-Efficiency Loans are unsecured and interest free, with no arrangement fees and a straightforward application process. Loans can be repaid over a period of up to four years, and many of our borrowers have found that their energy savings more than cover their repayments.
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