Renewable Energy Finance

Meet The Team

Dedicated Team of Renewable Energy Finance Experts

Our renewable energy team is led by Nick Elder who has over 25 years of experience in the renewable and asset finance industry. Nick heads up the renewable energy finance team which has been operating 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. 

What is Renewable Energy 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.

Some of the renewable assets we can finance

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.

Anaerobic Digestion Finance - Anaerobic digestion is a process through which bacteria break down organic matter such as animal manure, wastewater biosolids, and food wastes in the absence of oxygen.

Solar Battery Storage System Finance - Solar battery storage allows you to store electricity generated from the sun through solar panels for use at a later date.

Combined Heat and Power Finance - Combined heat and power (CHP) is a highly efficient process that captures and utilises heat that is a by-product of the electricity generation process.

How does renewable energy finance work?

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.

What are the benefits of using renewable energy?

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.

How can my business reduce its carbon footprint?

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.

How long does it take to secure renewable energy finance?

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.

How we can help your business with renewable energy finance

Our finance solutions are provided throughout the lifecycle of renewable energy projects.

This is due to the partnerships we have with a large pool of installers and suppliers in the renewable space, specialist renewable and net carbon advisors.

Our experienced renewable finance team has expertise across a large range of project sizes and differing renewable solutions.

We can provide PPA structures, multi-site financing across portfolios of buildings utilising a wide range of solutions including asset finance, hire purchase, and Lease structures suitable for both public funded bodies and commercial businesses.

Applying for renewable energy finance

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 enquiries@maffinancegroup.co.uk.