It’s interest free for SMEs

Goldenacre Mini Market
The scheme was launched at Goldenacre Mini Market on Edinburgh’s Inverleith Row.

THE Scottish Government is rolling out an interest-free ‘cashback’ loan scheme to help small and medium-sized businesses reduce their carbon footprint.

The SME Loan 30% Cashback incentive is open to applications from SMEs for energy-efficient projects that produce cost and carbon savings, with examples including but not limited to investing in LED lighting, more efficient heating and improved building insulation.

Applications for the loan can be made to Zero Waste Scotland. The group’s chief exec Iain Gulland said: “The SME Loan and associated support is designed with busy Scottish SMEs in mind – and with up to £10,000 cashback now available there’s even more reason to act and secure a more sustainable, cost-effective future for your business.”