In recent years, there has been a general push towards green technologies, especially for small businesses. Now lenders are making it easier to transition your business to renewable technologies with their new sustainable loan incentives.
In the current economy, it pays to go green. Consumer preferences have shifted towards environmentally conscious businesses over the last few years. Embracing green technology is not only good for the environment but is a perfect opportunity to increase profit margins at the same time.
Green Loan Incentives
Green finance has been gathering momentum, with many banks and lenders expanding their sustainable loan incentives. Our panel of lenders have recently introduced green loans to help small businesses transition to renewable energy and green equipment. The new loans will aim to incentivising business owners to make upgrades to their commercial properties to make them more environmentally friendly.
This could be investing in solar panels for your business, upgrading to energy-efficient lighting, or upgrading air and ventilation systems. Changes like these may not seem important in relation to the everyday operation of your small business, however they may very well save you money in the long run.
Making Sustainable Upgrades
Many businesses have experienced a decrease in foot traffic due to the current lockdowns, but this can be a blessing in disguise. The current lockdown provides the perfect opportunity to make significant green upgrades to your small business.
Are you looking to invest in green technology for your business? Talk to one of our friendly team to see how we can help find the best green loan for you!