The government backed-loan scheme has already helped thousands of SMBs (small and medium businesses) obtain interest free, unsecured loans for energy saving measures. It is now going to make the funds available to many more business by extending the limits.
The minimum loan amount is now £2,000 and the upper limit has been doubled to £400,000.
The Carbon Trust says the lower amount could perhaps provide a new business with, for example, Â an energy saving boiler, lighting, cooking or refrigeration equipment.
The larger amount could be enough for say, a medium-sized factory to implement a complete new enegy efficient production system.
The Carbon Trust is expecting to deliver £100 million to UK companies over the next two years, and this is expected to be used mostly for reducing electricity through energy efficient schemes.
Tags: Carbon Trust, efficient boiler, energy efficient, energy saving, government backed loan scheme, interest free unsecured loans, SMBs