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Resource Efficient Scotland SME Loans

Funded by the Scottish Government, the scheme aims to support businesses that are looking to reduce costs through improved energy, material resource and water efficiency.  A wide range of measures can be the subject of a loan application (e.g. lighting, glazing, biomass boilers).

The scheme is aimed at:

Scottish businesses that fall within the EC definition of small and medium-sized enterprise (SME), private sector landlords, not-for-profit organisations and charities. Private sector landlords will be eligible to apply for loans if they are registered as a private landlord with their local authority or if they are able to demonstrate that they are exempt from registration.

Interest Rates:

  • For loans concerning renewable technologies, and you are intending to receive the Feed in Tariff (FIT) or Renewable Heat Incentive (RHI), the interest rate is 5%
  • If you are not intending to claim the FIT or RHI then the interest rate is 0%.

 

For further information and to apply, see the Resource Efficient Scotland website, click here to access.