Green Asset Finance

Discounted Asset Finance for electric vehicles, energy-efficient equipment, renewables and more.

Check if your business can apply

What is Green Asset Finance?

Green Asset Finance is a type of Asset Finance that allows you to buy equipment and vehicles to help you achieve your sustainability goals. It allows you to spread the cost over time so you don’t pay the full amount upfront.

To help you make progress on your sustainability plans, you’ll pay a lower interest rate as long as the asset is used to reduce the environmental impact of your business. We can offer you: 

  • 0.25% discount for SMEs (<£100m turnover); 
  • Up to 0.20% discount for larger businesses and corporates (>£100m turnover).

How can Green Asset Finance help your business?

Support sustainability

Finance the assets you need to support the transition to a low-carbon business.

Spread the cost

Regular payments make it easier to budget and manage cash flow.

Reduced interest rates

Discounted interest rates for five years if asset supports qualifying green purposes.

Support sustainability

Finance the assets you need to support the transition to a low-carbon business.

Spread the cost

Regular payments make it easier to budget and manage cash flow.

Reduced interest rates

Discounted interest rates for five years if asset supports qualifying green purposes.

Talk to a Green Asset Finance specialist

Request a call back or call 0345 602 4796 and press option 1.

We’re available from 9am to 5pm, Monday to Friday, except public holidays.

Call me back

Talk to a Green Asset Finance specialist

Request a call back or call 0345 602 4796 and press option 1.

We’re available from 9am to 5pm, Monday to Friday, except public holidays.

Call me back

What can you use Green Asset Finance for?

Electric vehicles

From vans and cars to coaches and HGVs; using electricity, hydrogen, or biofuels; finance the vehicles that meet your future business needs, along with the associated infrastructure.

Energy generation

Generate and store your own electricity, with finance for renewables such as solar photovoltaic (PV), biomass boilers, geothermal energy, wind turbines, and battery storage.

Agriculture

Reduce your carbon footprint by financing anything from water and waste management systems and glasshouses, to sustainable machinery and robotics.

Manufacturing equipment

Make the switch to machinery that's energy efficient or supports the production of sustainable products or circular economy adapted products and technologies.

General buildings

Finance sustainable improvements to your business buildings, from space and water heating – including heat pumps – to smart meters for electricity, and LED lighting.

Construction and industrial equipment

Reduce your carbon emissions with transitional construction equipment and cranes, or circular economy adapted products and production technologies.

Electric vehicles

From vans and cars to coaches and HGVs; using electricity, hydrogen, or biofuels; finance the vehicles that meet your future business needs, along with the associated infrastructure.

Energy generation

Generate and store your own electricity, with finance for renewables such as solar photovoltaic (PV), biomass boilers, geothermal energy, wind turbines, and battery storage.

Agriculture

Reduce your carbon footprint by financing anything from water and waste management systems and glasshouses, to sustainable machinery and robotics.

Manufacturing equipment

Make the switch to machinery that's energy efficient or supports the production of sustainable products or circular economy adapted products and technologies.

General buildings

Finance sustainable improvements to your business buildings, from space and water heating – including heat pumps – to smart meters for electricity, and LED lighting.

Construction and industrial equipment

Reduce your carbon emissions with transitional construction equipment and cranes, or circular economy adapted products and production technologies.

Does your business qualify for Green Asset Finance?

  • Available to new and existing Lloyds Bank customers.
  • The asset must be for use in your business and linked to a qualifying green purpose
  • The minimum funding amount is £25,001.
  • You must have been trading for a minimum of 24 months and be UK-based.

Qualifying green purposes

Finance is available for assets that support:

  • Reduction in carbon and greenhouse gas emissions for core business processes, properties and infrastructure.
  • Energy efficiency, renewables, environmental sustainability improvements or production of related products.
  • Investment in low-carbon vehicles and transport.
  • Investment to improve water efficiency.
  • Investment to reduce waste or improve recycling rate.

Related content

How Asset Finance can help you grow

We explain what Asset Finance is, and how you can use it to finance vehicles or equipment that can help grow your operations.

Read the guide

More sustainable finance products

From discounted lending for green purposes and investing in clean growth, to improving the energy efficiency of buildings and vehicles, we offer a range of products to help your business achieve its net zero ambitions.

All sustainability products

Save money on your tax bill

The Full Expensing scheme lets businesses deduct some or all of the asset’s value from profits before tax is applied. 

This means you can save money on your tax bill.

 

Full Expensing scheme (PDF, 142KB)

How to grow your business

To grow a resilient business that’s around for the long term, you must plan for sustainable growth.

That means understanding the current situation and having a vision for the future.

Growing your business