Guide to eligibility for interest free business loans in Northern Ireland.
Interest free loans are available to business in Northern Ireland and Wales who wish to upgrade to more energy efficient equipment and renewable technologies.
Since 2003, we've provided over £30million in interest-free loans to hundreds of local businesses, enabling them to reduce their lifetime energy expenditure by more than £100million.
Get in touch
Call us on 028 9073 4398
I would like to express my utmost satisfaction to the Carbon Trust for the work it is doing in Northern Ireland. Thanks to a £400,000 interest-free loan, which was in addition to a £1.2million investment in infrastructure, we were able to install equipment that is the first of its kind in the UK and Ireland.
Jarek Zasadzinski, CEO, Greiner Packaging Limited
EU rules on state aid mean we are not normally able to offer business loans for the acquisition or adaptation of vehicles, to organisations involved in primary production of agricultural products (which includes horticulture, dairy, wine-making – click here for the full list), the fisheries and aquaculture sector, or for export-related activities.
Business loans are available from £3,000 - £400,000. The size of the loan will be based on the projected CO2 savings of a project - we offer £1,000 of loan for every 1.5 tCO2 your project is expected to save per annum. The projected CO2 savings will be independently assessed by the Carbon Trust.
The repayment period for the loan is then based upon the projected energy cost savings, such that the monthly loan repayment amount is covered by the anticipated energy bill savings, up to a maximum of 4 years.
To see how much a project could save, try our Loan Calculator (excel).
Multiple loans are available up to the maximum loan amount.
We can offer £1,000 of loan for every 1.5 tCO2 your project is expected to save per annum.
Many types of project will be considered, provided they meet the on-site fossil fuel saving requirement. Examples of just some of the projects that could qualify include the following:
Industrial Process Technologies
Many more projects will be considered for a loan and each project will be assessed on its potential to deliver real energy savings. Call us on 028 9073 4398 if you are unsure about whether your project will qualify.
Follow these 5 steps to apply for a loan
Step 1 Check if your organisation is eligible to apply
Step 3 Read these guides
Complete the beneficial owners declaration (.docx)
Collate all the documentation referred to in the guides to support your application. This includes completing the Energy Saving Assessment Template (.xls)
(ask your supplier for assistance). If you are requesting a loan to fund a spraybooth, voltage management, air compressor, or plastic injection moulding project, please also complete the relevant template below.
Step 6 Click here to apply online
Additional documentation for specific projects:
If you have any questions get in touch by emailing firstname.lastname@example.org or call 028 9073 4398.
The Carbon Trust is authorised and regulated by the Financial Conduct Authority for consumer credit. The Carbon Trust, a company limited by guarantee, registered in England and Wales (number 04190230). Registered at 4th Floor, Dorset House, 27-45 Stamford Street, London SE1 9NT.