Clean Growth Financing Initiative

You can access discounted lending for green purposes through Lloyds Bank’s Clean Growth Financing Initiative - which aims to be the most inclusive UK proposition in the market.

What is it?

Funding from Lloyds Bank can support a broad range of investments in sustainable business – from small improvements in environmental impact, right through to large-scale renewable energy infrastructure. For our Clean Growth Financing Initiative, we’ve teamed up with leading sustainability consultants to develop a list of qualifying green purposes.

Reducing emissions

Energy efficiency

Low carbon transport

Reducing waste and recycling

Improving water efficiency

  • Criteria

    • Up to 25 basis points margin discount for qualifying green purposes on UK deals.
    • Up to 10 basis points margin discount for qualifying green purpose on European deals.
    • Discount available for up to 5 years.
    • Available across Term Lending (£25,001 min.), purpose Revolving Credit Facilities (£50K min.) and Asset Finance (£25K min.)
    • Sterling, Euro and US Dollar lending for new / additional UK and European capex and investment.
    • Loan purpose must be on eligibility list (please contact us for more information).
    • Standard product terms & conditions apply.

    Purpose/eligibility

    • 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.

Criteria

  • 0% arrangement fee for Term Lending or up to 25 basis points reduction on the all in fixed rate for Asset Finance for green investment and capital expenditure.
  • Available across Term Lending (£25,001 min.) and Asset Finance (£25K min.).
  • Sterling lending for new / additional UK capex and investment.
  • Loan purpose must be on eligibility list (please contact us for more information).
  • Standard product terms & conditions apply.

Purpose/eligibility

  • 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.

Our Purpose

  • Helping businesses reduce environmental impacts
  • Helping businesses move to and benefit from a low carbon economy
  • Providing facilities for clear, specific green use
  • Examples include – electric vehicles, wind turbines and solar panels, plant and machinery as covered by the Enhanced Capital Allowance Scheme

Contact your Relationship Manager for more information.

From Now to Net Zero: A Practical Guide for SMEs

From Now to Net Zero: A Practical Guide for SMEs

Small and medium-sized businesses play a vital role in sustainability and the journey to Net Zero. Our research report outlines a five-step plan for SMEs to get on that journey.

Read interactive report Read interactive report

Sustainability

Sustainability

Supporting UK businesses transition to low-carbon, sustainable business models and operations and to pursue clean growth opportunities.

Sustainable business about the Green Buildings Tool

Green Buildings Tool

Green Buildings Tool

Exclusive access to an insight tool that helps clients optimise potential energy efficiency investments in their property portfolio depending on sustainability, investment and cost-saving priorities.

Insight Tool about the Green Buildings Tool

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

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.

Read the guide

ANY PROPERTY GIVEN AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT.

All lending is subject to a satisfactory credit assessment and we will need your permission to carry out a credit check on you and your business.
You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.

Important legal information

The products and services outlined on this site may be offered by legal entities from across Lloyds Banking Group, including Lloyds Bank plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc and Lloyds Bank Corporate Markets plc are separate legal entities within the Lloyds Banking Group.

Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.

Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no.2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.