Green loans are structured to make sustainable energy projects financially accessible for businesses of all sizes. Rather than covering the entire upfront cost of technologies like solar PV, battery storage, or EV charging, your organisation secures financing from a bank or specialist lender and repays it over a fixed term. Repayments are spread into manageable instalments, allowing you to benefit from the immediate savings and efficiencies of your new system without straining cash flow.
One of the key advantages is that energy savings often begin straight away, meaning the reduction in utility bills can offset a portion of the loan repayments. Many lenders also provide preferential interest rates or flexible terms for green loans, recognising the positive environmental and economic impact of low-carbon investments.
The process typically follows these steps:
- Project Assessment: Your chosen provider evaluates your renewable energy project to determine scope, cost, and expected savings.
- Loan Approval: Based on the assessment, a financing package is tailored to your business’s needs and repayment capacity.
- Installation: Technologies such as solar panels for business, commercial battery storage, or EV chargers are installed and commissioned.
- Repayment & Savings: You repay the loan over time while enjoying lower energy bills, improved resilience, and reduced carbon emissions.