Sustainable finance products
Financing options to support your business's sustainability strategy.
Discounted lending products
Clean Growth Financing Initiative
Our Clean Growth Financing Initiative (CGFI) offers discounted green lending of £25,001 minimum for new or additional lending, when used specifically to improve your business’s environmental impact.
- Discount: an arrangement fee-free loan or up to 0.25% interest rate reduction.
- Purchasing energy efficient equipment, electric vehicles, renewables (such as solar and wind), and much more.
- Developing or upgrading properties to meet industry recognised high efficiency standards.
- Funding green projects, sustainable agriculture solutions and many more.
Green Asset Finance
Our discounted Green Asset Finance for energy efficient equipment, electric vehicles and other assets that improve your business’s environmental impact.
- Discount: 0.25% discount (up to £100m turnover) or up to 0.20% (£100m+ turnover) discount for five years.
- £25,001 minimum transaction size.
- For assets, equipment and vehicles that help you reduce your carbon emissions, reduce waste or improve your energy efficiency. For example, electric vehicles and infrastructure, renewables and battery storage, agricultural machinery and waste management systems, manufacturing, construction and industrial equipment, and LED lighting and smart meters.
Property acquisition and refinancing
Our Buildings Transition Loan, with no arrangement fee, can help you acquire and refinance energy efficient buildings.
- For SMEs refinancing or acquiring one or more EPC A or B-rated properties.
- If the loan is for multiple buildings, then at least 75% of the loan value must be for EPC A or B-rated buildings.
Sustainability-linked loans
Sustainability-linked loans aim to incentivise achievement of ambitious, predetermined sustainability performance objectives.
- General corporate purpose facilities where loan terms aim to improve your business’s environmental sustainability profile by aligning loan terms to your business’s performance against relevant predetermined ESG performance targets.
- For businesses with £100 million+ turnover.
- Speak to your Relationship Manager to find out more.
Deposits
Vehicle leasing
Electric vehicle business contract hire
Review your options as you transition your business to a lower carbon fleet with Lex Autolease.
Cars for staff schemes
Help your employees access EVs for personal use by offering a green salary sacrifice 'cars for staff' scheme with Tusker.
Key sustainability topics
Energy efficient buildings
Energy efficient buildings have lower bills and reduced emissions. Find out more about our Green Buildings Tool and discounted sustainable financing for higher EPC rated buildings.
Lower-carbon transport
Reduce your carbon footprint by acquiring electric or hydrogen vehicles and associated infrastructure.
Energy and renewables
Generate your own green energy with financing for renewables and find out how to switch to green energy providers.
Sustainable farming and food
Learn more about the key sustainability themes in agriculture and access the Soil Association Exchange platform to help you grow sustainably.
Sustainable manufacturing
Plan your progress with an MTC sustainability line walk and access sustainable finance to improve your energy efficiency.
*All lending is subject to status