INTEREST FREE LOANS

Friday Oct 16

INTEREST FREE LOANS FROM THE CARBON TRUST FOR ENERGY SAVING TO SMALL BUSINESSES

The Carbon Trust now has interest free loans available to businesses for energy saving projects. 0% business loans are unsecured and interest free, with no arrangement fees. Loans can be repaid over a period of up to four years and as the scheme is designed for energy savings to cover repayments, the loan will effectively pay for itself.
The maximum loan limit available to borrow has now been doubled to £400,000
The size of the loan offered and its repayment period will be based on the projected CO2 savings, which will be assessed by the Carbon Trust. The Carbon Trust has a loan calculator to see how much a project could save.
Which types of projects qualify?
The Carbon Trust will consider any project that can demonstrate energy saving in excess of the C02 threshold of 1.50 tCO2/£1000 of loan (minimum loan value £3,000). Typical examples could include one or more of the following: Air conditioning, Boilers and heating controls, Building insulation, Heat recovery, Lighting, Pipe insulation, Solar thermal systems.
Apply by contacting the Carbon Trust on 01865 885 884 or visit www.carbontrust.co.uk/loans