No security is required for the interest free business loans – and the loans scheme is designed so that energy savings cover monthly repayments. What’s more, the new equipment may also qualify for 100% first year tax relief.
Thousands of companies have now taken advantage of the interest free loans to reduce their energy bills: ·
Packaging printer Roberts Mart, used two interest-free energy-efficiency loans to replace light fittings and install new equipment to dry the inks on packaging. They expect to save £129,000 a year and pay back the loans within three years. ·
Nursery retailer PreciousLittleOne installed an energy-efficient radiant heating system with a loan of £10,000 – and is achieving annual energy savings of over £5,000. ·
Office space providers, Boon & Sons, installed fast-reacting motion sensors with a loan of £5,200 – for annual energy savings of £3,600. ·
Precision Engineering Plastics’ three consecutive 0% loans, totalling £67,685, are now saving them £26,435 a year in energy costs.
For more information on an interest free energy-efficiency loan visit www.carbontrust.co.uk/loans or call our dedicated Loans Advice team on 01865 885891 for support with your application.
To view Carbon Trust Loan leaflet please click here.
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