Carbon Trust Loans

The Carbon Trust. We offer help to purchase energy efficient equipment through our interest-free loan scheme; whilst the Enhanced Capital Allowance (ECA) scheme offers tax relief on purchased equipment.

A loan means you can save money when you replace existing equipment with a more energy efficient version. They are available to small or medium-sized enterprises (SME) in England and Scotland or all private sector organisations in Wales & Northern Ireland (NI). You can borrow between £5,000 and £200,000 (£400,000 in NI). The loan has no arrangement fees, is interest-free and unsecured for up to four years.

It’s there to fund projects such as lighting, boiler or insulation upgrades. If you’d like more information on the loan scheme and the eligibility criteria please visit this page: www.carbontrust.co.uk/loans.

The following criteria apply to organisations’ in England and Scotland:

• Less than 250 full time equivalent employees
• Turnover of less than £40 million or assets less than £35 million 
• Less than 25% of organisation owned by a non-SME 

And the following criteria also apply to any loan application: 

• Trading records for more than 12 months 
• Need to save 2 tonnes of carbon dioxide per £1,000 of loan per year.
• We are unable provide loans to obtain, improve or otherwise adapt vehicles. This is as a result of the State Aid De Minimis requirements, which exclude grants for transportation, export and agriculture.

Try using our loan calculator to get an idea of how much you may be eligible for

https://www.carbontrust-online.co.uk/carboncalculator/

The ECA scheme is a tax incentive that encourages the purchase of energy efficient equipment. It enables businesses to claim 100% first year capital allowances against their taxable profit. Therefore the claim value will depend on the cost of the equipment being purchased. For tax enquiries please contact HM Revenue & Customs on 0207 147 2541.

All products on the Energy Technology List are eligible for the ECA and you can find out more information on the scheme and the product list on this website: www.eca.gov.uk/etl

Recommended reading:

LNS068 – Customer information & how to apply

ECA272 – ECA Brochure

Loans FAQ

Contact us now on 01603 251 763 for more information and extra discounts.