SME Loan Scheme with cash back while funds last
The SME Loan Scheme offers small and medium-sized enterprises based in Scotland unsecured, interest-free loans of up to £100,000 for renewable or energy efficiency projects. You may be able to get up to £30,000 as cash back. This is on a first come basis. The loan funding is provided by the Scottish Government.
The funding is available to help you pay for energy and carbon-saving upgrades in your business.
This could include:
- heating, ventilation, and air conditioning upgrades;
- renewable technologies such as replacing a boiler to one with an air source heat pump;
- improving insulation, draught-proofing, double or secondary glazing; and
- installing LED lighting.
Cashback – while funds last:
Through the scheme, SMEs installing eligible equipment could receive a 75%
cashback grant up to £10,000 for renewable heat measures and a 75% cashback
grant for energy efficiency measures up to £20,000.