0% business loans are available to business sites
in Wales and Northern Ireland for
organisations wishing to to invest in energy efficiency and
If your business is located in England or Scotland, then see our
Implementation and Finance service.
- Small and medium size businesses in Wales
can apply for a loan.
- Large businesses and public sector
organisations are not eligible for interest free
loans, but may be eligible for our Implementation
and Finance service
- Incorporated businesses trading for at least 12 months &
Non-Incorporated businesses trading for at least 36 months (this
will include charities, friendly societies, clubs and the
The EU definition of an SME is an organisation with:
- Fewer than 250 full time or equivalent employees
- An annual turnover not exceeding €50m (approximately £42.5m)
and / or assets not exceeding €43m (approximately £36.5m)
- No controlling interest of more than 25% by a non-SME
EU rules on state aid mean we are not normally able to offer
business loans for the acquisition or adaptation of vehicles, or to
organisations involved in agricultural or fisheries products
(production, processing, or marketing prior to the first sale), or
How much can be borrowed?
Business loans are available from £3,000 - £100,000. The size of
the loan offered and its repayment period will be based on the
projected CO2 savings of a project, which will be assessed by the
To see how much a project could save, try our Business Loan Calculator (excel,
Multiple loans are available up to the maximum loan amount.
Which projects qualify?
We can give £1,000 of loan for every 1.5 tCO2 saved per annum
for a project.
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:
- Air conditioning
- Heating controls
- Building insulation
- Heat recovery
- Pipe insulation
- Solar thermal systems
Industrial Process Technologies
- Compressed air fittings
- Materials handling equipment
- Power factor correction
- Process heating
- Process controls
- Variable speed drives
There are many more types of projects that will be considered
for a loan, including renewables. Each project will be assessed on
its potential to deliver real energy savings, and we will also need
to carry out a credit check. Call our advice line on 0800 085 2005
if you are unsure about whether your project will qualify.
Further information required for specific
If you are requesting a loan to fund a power factor correction,
biomass heating, spraybooth project, voltage management or plastic
injection moulding application, please complete and submit the
following with your application:
How to apply
If you'd like to apply for one of our business loans,
If you have any questions get in touch by calling us
on 0800 085 2005.
Alternatively, email email@example.com
Applying on behalf of a customer?
Just use your existing
login details here to make an application on behalf of your