Renewable Energy Finance
Our renewable energy division can improve your business’s carbon footprint by investing in renewable energy assets.
Our renewable energy team is led by Rachel Galbraith who has over 28 years of experience in the asset finance industry. Rachel has headed up the renewable energy finance team for the past 4 years since the specialist sector of the business was formed.
The renewable energy finance team can help with any financial needs that a range of businesses might have. This includes wind turbine finance, solar panel finance, heat pump finance and biomass boiler finance.
Our specialist renewable finance team’s objective is to help businesses across the UK reduce their carbon footprint by working with them and arranging finance for renewable energy investments.
Renewable energy technologies such as solar panels, biomass boilers, wind turbines and ground source heat pumps are some of the most common to help businesses.
The government’s target to reduce greenhouse-gas emissions by 80% before 2050 as part of its commitment to help tackle climate change. We can help many businesses meet the challenge of reducing their carbon footprint by investing in renewable energy technologies.
We offer a range of renewable energy finance solutions, including:
Wind Turbine Finance – Wind turbines provide most of the power that the UK enjoys as a renewable energy source. However, they have a high-cost barrier to entry for businesses starting their sustainability journey.
Solar Panel Finance – Solar PV technology has the power to potentially half your electricity bills for your business and offers an environmentally-friendly alternative energy source to make a business more sustainable.
Heat Pump Finance – A ground source heat pump can generate four times the heat per unit of electricity unit, making them perfect for indoor crops, poultry farms and hay drying.
Biomass Boiler Finance – Biomass heating systems burn organic matter to provide power to hot water boilers these boilers will then burn logs, pellets or chips and is connected to a central heating and hot water system.
Smart Metering Finance – Smart meters are clever tools that allow you to measure business energy use accurately. If you’re looking to finance the purchase of commercial smart meters, we can help.
Voltage Optimiser Finance – Voltage optimisation works like a control valve to reduce energy consumption in voltage dependent loads by reducing and controlling voltage levels.
Electrical Vehicle Charging Finance – There are a range of charging points available for businesses such as slow, fast and rapid chargers, all allowing your electric business vehicles to charge at different speeds.
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Supporting businesses of all sizes with whole market financial access.
We work with you and the lender of choice to determine the required loan amount, with the lender specifying the terms and conditions. Following your acceptance of the terms and conditions, you will get the full amount and typically make monthly repayments with interest for the specified period of time.
Here are three ways renewable energy equipment could benefit your business:
Future-proof your business - Switching to green alternatives is a decision that more businesses are choosing. Renewable energy methods are likely to become the default choice of every business. Investing in your renewable energy equipment sooner, rather than later, will position your business ahead of the competition.
Gain energy independence - Most businesses have felt the effects of the current cost of living crisis, with rising energy prices resulting in many businesses being forced to close due to unmanageable costs. Renewables and energy efficient heating systems provide you with greater control over your outgoings.
Cut business costs - Reducing your business's carbon footprint is not only beneficial to the environment, but it can also help to save your business money.
You can reduce your business’s carbon footprint by removing the consumption of fossil fuels and investing in renewable energy equipment such as solar panels or biomass boilers. You can utilise the power and heat generated from this equipment.
Switching to electric vehicles (EVs) can also reduce the emissions that contribute to climate change. In addition, charging your electric vehicle fleet on renewable energy such as solar or wind minimises these emissions even more.
Renewable energy finance often varies and depends on the business and type of finance required.
Typically, it can take anywhere from a couple of days to weeks to get finance in place for your new purchase. Finance applicants for renewable energy finance should have all their accounts in order and available for inspection, just like with any other type of business funding. Bank statements, the last three to five years’ worth of certified accounts, business plans, and specifics on assets and liabilities can all be required.
MAF Finance Group can compare finance offerings from a wide panel of lenders to find the best option for you.
If you would like to get a quote or need further information, simply fill in the form and we will contact you. If you want to speak to someone directly, you can call us on 0115 958 6872 and a member of our team will be happy to speak to you. Alternatively, email us at email@example.com.
Asset refinancing is a way of raising capital against assets you hold on your balance sheet.
Asset-based lending (ABL) is a type of finance in which a business can use its assets, such as inventory and property to release working capital.
A finance lease is simply renting the asset over an agreed period of time and you usually remain responsible for the maintenance.
Hire purchase allows your business to buy an asset by spreading the cost over a fixed period of time with regular monthly instalments.
Invoice finance provides early access to the funds owed to you in unpaid invoices. If you find your business waiting for customers to pay for your services or products, you could use invoice finance as a way of getting paid sooner.
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