Renewable energy business loan
Renewable energy business loan
Borrow up to EUR 30,000 without real estate mortgage
Small and medium‑sized businesses can apply for EIB‑supported financing with reduced % interest rates
Renewable Energy Business Loan can be used for purchase of the following equipment
♦ Solar panels
♦ Wind turbines
♦ Electric car chargers
♦ Air conditioners
♦ Heat pumps
Conditions
♦ Borrow up to EUR 30,000 with a pledge of movable assets or owner’s surety. A mortgage of real estate is not required
♦ Loan amount from EUR 2,000 to EUR 200,000
♦ Financing that covers up to 80 % of the purchase cost of the equipment
♦ Repayment term of up to 5 years
How to apply for a loan?
Prepare a business plan outlining your development goals, required resources, and planned execution dates
Submit documents. Complete the application form and provide the necessary documents
Wait for an answer. We will assess your application and contact you with our decision and details on how much we can lend you
Sign the agreement. Agree to and sign the loan contract. We may ask you to pledge and insure your property.
Money disbursement. The money will be transferred to your bank account
Useful links
You will need the following documents
- Completed application form
- Financial accounts from the last two years. Please include balance, profit‑loss statements, and cash‑flow statement
- Collateral valuation for projects that are secured by real estate collateral
- You may also be requested to provide additional details and/or documents
It’s the perfect time to join Luminor!
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