The SME Loan Scheme offers small and medium-sized enterprises (SMEs) based in Scotland unsecured, interest-free loans of up to £100,000 for renewable or energy efficiency projects.

The funding is available to help you pay for energy and carbon-saving upgrades in your business.

This could include:

• heating, ventilation, and air conditioning upgrades
• renewable technologies, such as replacing a boiler with an air source heat pump
• improving insulation, draught proofing, or adding double or secondary glazing
• installing LED lighting

As part of the scheme, you could also receive up to £30,000 as cashback in the form of a grant. This includes:

• 75% cashback (up to £10,000) for installing renewable heat measures
• 75% cashback (up to £20,000) for installing energy-efficiency measures

The cashback is available on a first come, first served basis while funds last.

The loan funding is provided by the Scottish Government.

The loans are available to:

• small to medium-sized enterprises, with fewer than 250 employees and/or a turnover of less than €50 million
• non-profit organisations, such as charities and social enterprises

Organisations in all sectors are eligible.

Full details of the eligibility criteria and the list of other qualifying technologies will be given to you when you make an enquiry.

This is a free service.

You'll need to pay back the loan over an 8-year term, but it is unsecured and interest-free.

You'll only receive your loan and cashback after you've installed the agreed energy-efficiency measure(s), so you'll need to be prepared to cover all costs upfront and be paid back afterward.

Small and medium-sized businesses and non-profit organisations based in Scotland.

You'll receive your loan and cashback after you've installed the agreed energy-efficiency measure(s) and either supplied evidence that this has been done, or received a site visit by a qualified adviser.

The repayment term for all loans is 8 years.

Visit the Business Energy Scotland website for more information.