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Green Asset Finance
Discounted asset finance for electric vehicles, energy-efficient equipment, renewables and more.
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?
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.
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.
Related content
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We explain what Asset Finance is, and how you can use it to finance vehicles or equipment that can help grow your operations.
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.