17 June 2010

Loans for energy saving equipment
In today's economic climate, it may be difficult to get the credit you need to upgrade to more energy efficient equipment. The Carbon Loans Trust offers interest free credit to help you make your business more efficient, they also help you lower your energy bills and cut carbon emissions.

Energy-Efficiency Loans are unsecured and interest free, with no arrangement fees and a straightforward application process. Loans can be repaid over a period of up to four years, and many of our borrowers have found that their energy savings more than cover their repayments.

Small or medium-sized enterprises (SMEs) in England and Scotland could borrow from £3,000 to £400,000. (An SME is defined as an enterprise that employs fewer than 250 full-time equivalent employees and has an annual turnover not exceeding £40m and/or an annual balance sheet total not exceeding £35m.)**

All businesses across the UK need to have been trading for at least 12 months.

The size of the loan offered and its repayment period will be based on your projected CO2 savings, which will be assessed by the Carbon Trust. To see how much your project could save, try their Loan Calculator on website below.

The Carbon Trust, 6th Floor, 5 New Street Square, London EC4A 3BF Tel: 0800 085 2005 Email: customercentre@carbontrust.co.uk

Website: http://www.carbontrust.co.uk/energy/takingaction/about-loans