eBike Business Loan

The ebike Business Loan supports organisations that want to reduce the carbon impact of their transport and travel arrangements with new, more efficient alternatives. Interest-free loans of up to £30,000 are available to help with the cost of purchase.

The loan covers:

• new pedal-assisted electric bikes - up to £3,000 per bike
• new cargo bikes - up to £6,000 per bike
• new adapted cycles

Please note that if your organisation is replacing a car or van with a cargo or ecargo bike, there is no maximum limit per bike, as long as the cost is within the maximum loan amount of £30,000.

The loans are distributed by Energy Saving Trust and funded by Transport Scotland (an agency of the Scottish Government).

To be eligible:

• businesses must have been operating for a year or more
• the applicant must be the business who has ordered/will order the bicycle and will become the owner

There is no cost to apply for the loan.

The loans are interest-free.

Businesses in Scotland which have been operating for at least a year and which are looking to reduce the carbon impact and costs of their transportation.

Before you apply for a loan, you need to complete Energy Saving Trust's online business enquiry form, external link which will open in a new window. One of their sustainable transport coordinators will be in touch.

You can also visit the Energy Saving Trust website for more information.