A Carbon Trust loan may provide your organisation with the help it needs to overcome capital cost barriers and give you the ability to kick-start your energy and carbon reduction programme.
Upgrading to the latest energy efficient equipment can help your organisation reduce energy costs, modernise production and become more competitive. With few businesses keen to take out loans for capital investment right now, the Carbon Trust’s government funded 0% business loans are the perfect solution.
Businesses can acquire the latest equipment, effectively paid for with the monthly energy savings that it produces.
What energy saving equipment is eligible?
Carbon Trust loans are offered on the basis of on-site carbon savings- therefore, any equipment that saves enough energy can be considered.
Examples of eligible equipment include lighting, refrigeration, air conditioning, power units, boilers, air compressors, power drives or larger-scale refurbishments of steam generating plant.
Each application is individually assessed on the basis of its energy savings and the technology involved.
Loan repayment periods
Carbon Trust Loan repayment periods are set at a maximum of four years, with monthly repayments calculated to be covered by energy savings. Based on the calculated CO2 saving the Carbon Trust will quantify the payback period which will be between 12 and 48 months.
Once the loan is fully paid off, the continued savings on energy costs will go straight to the company’s bottom line.
Eligibility criteria
The following are eligible:
In order to comply with EU guidelines on State Aid, companies operating in agriculture, fisheries, transport or export-related activities are not eligible.
For businesses not eligible for a 0% loan, alternative energy-saving advice and support is available- contact us for more information.
Carbon Trust Loan application process
Businesses need to support their applications with full details of the proposed energy saving project and the estimated energy savings.We can take care of this and the full application process for you to make it completely hassle free.
Envido will help you through the loan application process, making it as easy as possible for your organisation Once the application is assessed and the interest free loan is agreed it should be made available to access within 10 working days.
Contact us today on 0207 1990 0090 to start your application.