CARBON TRUST

0% Business Loans from the Carbon Trust
The Carbon Trust offer interest free loans of £3,000 - £500,000 for organisations to invest in energy saving projects.

Their aim is to help reduce energy usage and CO2 emissions - companies using compressors and associated equipment can benefit by upgrading or renewing their old plant.

0% Business Loans for Equipment Upgrades
Borrow £3,000 to £500,000 at 0% interest!

If your old compressed air equipment is making your business uncompetitive, or if it is costing you the earth in energy bills to run? The and interest free loans from the carbon Trust will give you the opportunity to modernise your compressed air equipment, your business and contribute to reduced overheads.

The Unsecured Loan that can pay for Itself
Carbon Trust business loans are unsecured and interest free, with no arrangement fees and a straightforward application process. Loans can be repaid over a period of up to four years and as the scheme is designed for energy savings to cover repayments, the loan will effectively pay for itself.

Qualifying Projects Include:

• Compressed air fittings
  
• Motors
  
• Process controls
  
• Variable speed drives

Each project will be assessed on its technical merit, i.e. its potential to deliver real energy savings and this is where we at Cheviot Compressor services can help you.

What Companies are Eligible?
To qualify for an interest free Carbon Trust loan, your organisation must fulfil the following criteria:

• Private sector
  
• Trading for at least 12 months
  
• For project sites based in England, Scotland and Wales: All Small or Medium-sized Enterprises (SME) OR any business that do not qualify for participation in the Carbon Reduction Commitment
  
• For project sites based in Northern Ireland: any sized enterprise can qualify

The EU Definition of an SME is an Organisation with:

• Less than 250 full time equivalent employees
  
• Less than 50m Turnover (approximately £43m) and/or less than 43m assets (approximately £37m)
  
• No controlling interest of more than 25% by a non-SME