17 July 2009
Industry chiefs are urging small and medium businesses in Bradford to take advantage of improved access to more than £100 million in interest-free and unsecured loans from the Carbon Trust.
The move is intended to help more businesses survive the recession by cutting both their energy costs and their carbon footprints.
Thousands of small businesses have already slashed their annual energy bills, some by as much as 75 per cent, by installing new energy-saving equipment paid for by Government-funded Carbon Trust loans.
Now the trust has extended eligibility for the recently-expanded loan fund.
The minimum loan amount has been lowered to £3,000, putting the loans within reach of micro-businesses; the upper limit has been doubled to £400,000 to meet the needs of small and medium businesses with high energy spends, such as manufacturing companies.
News Source: http://www.thetelegraphandargus.co.uk/