energy news

Calling all Businesses, take advantage of The Carbon Trust interest-free loan. >> how?


6th October, 2009

Back in June 09, The Carbon Trust announced £100million in interest-free and unsecured loans for SME's to invest in energy saving equipment and cut the costs of their energy bills. The initiative aims to help struggling businesses through the recession, whilst at the same time reducing their carbon footprint.

 

To date, thousands of businesses have successfully applied and received these loans and have already slashed the cost of their energy bills by up to 75% and the demand is growing steadily. 

 

The minimum loan amount available is £3,000 - enough to install a new energy efficient boiler, refrigerator or lighting and at the higher end, the maximum loan available of £400,000 could enable companies such as manufacturers to install modern, less power hungry production equipment.

 

The Carbon Trust predict that the savings that most companies realise on their bills will be more than the cost of the loan, effectively meaning they benefit from brand new equipment, increased efficiency and reduced running costs, all at no expense to themselves - whilst of course helping to drive the UK's move to a low carbon economy.

 

Carbon Trust Chief Executive, Tom Delay said: "Small and medium businesses are the backbone of the UK economy and key to the move to the low carbon world. We are extending a helping hand to them by offering more than £100m in interest-free, unsecured loans at a time when bank funding is hard to come by. Our zero per cent loan offer is as close to free money as a business can get, and is flexible enough to help almost any small or medium business, from the corner fish and chip shop to a factory."

 

The Carbon Trust also offers advice to businesses, including a free on-site service to help them identify the energy-saving equipment with the greatest potential to reduce their running costs.

 

Businesses can find more information about interest free Carbon Trust loans by calling 0800 085 2005 or visiting carbontrust.co.uk/loans



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