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0% business loans are available to organisations who fulfill the following criteria:
The EU definition of an SME is an organisation with:
As a guideline, the CRC Energy Efficiency Scheme typically includes businesses with an annual electricity spend greater than £500,000. 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 export-related activities. However farmers in England can apply for a business loan of up to £20,000. For more information call our Loans Advice Team on 01865 885846.
Business loans are available from £3,000 - £500,000. 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 Carbon Trust. Farmers in England can apply for a loan of between £3,000 and £20,000. To see how much a project could save, try our Loan Calculator.
We can give £1,000 of loan for every 1.5 tCO2 saved per annum from a project. Examples could include one or more of the following (although many more types of project will be considered):
Each project will be assessed on its potential to deliver real energy savings. We will also need to carry out a credit check. Technical support is available for more complex projects. Call 01865 885 850 now to speak to our Loans Team. If you don't have a specific upgrade in mind, our on-site Carbon Surveys can help you to identify potential energy saving projects.
If you are requesting a loan to fund a power factor correction, biomass heating or spraybooth project, please complete and submit the following with your applicaiton:
Power Factor Correction Calculator (xls, 150 kb) Standard on-site Energy Assessment for Biomass Heating (xls, 134 kb) Standard on-site Energy Assessment for Spraybooths (xls, 163 kb)