QUICK ENQUIRY FORM
Interest Free Loans
"Energy Efficiency Loans from the Carbon Trust are a cost effective way to replace or upgrade your existing equipment with a more energy efficient version. This means an immediate benefif from carbon, energy and cost savings. A J Hurst Ltd can provide details of Carbon Trust interest-free loans and assist you in completing your application."
Carbon Trust
In today’s economic climate, it may be difficult to get the credit you need to upgrade to more energy efficient equipment. An interest free loan could be the solution. They not only offer 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 borrowers have found that their energy savings more than cover their payments.
The Carbon Trust was set up by the Government in 2001 as an independent company. Their aim is to accelerate the move to a low carbon economy by working with organisations to reduce carbon emissions and develop commercial low carbon technologies.
Eligible Companies*
On the 29th June 2009 changes were made to the size of the loan and size of enterprise supported by the loan scheme. Small or medium-sized businesses (SMB’s) in England, Scotland, Wales and Northern Ireland can borrow from £3,000.00 to £400,000.00.
An SMB is defined as either an SME which itself is defined as an enterprise that employs fewer than 250 full –time equivalent employees and has an annual turnover not exceeding £43m and/or an annual balance sheet total not exceeding £37m; or a business that does not qualify for participation in the Carbon Reduction Commitment. As a guideline, this typically includes businesses with an annual electricity spend less than £500,000.00.
In Northern Ireland and Wales all enterprises (i.e. including those larger than SMB) could borrow from £3,000.00 to £400,000.00.
All enterprises need to have been trading for at least 12 months.
For further information on interest free loans email; mark.goldsbrough@ajhurst.com or phone Pat Rogan on; +44 (0) 28 9077 0037
