Wind Turbine Finance

Finance your Wind Turbines

Wind turbines provide the majority of 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.

We can provide for small and larger businesses requiring wind turbines for business use.

Our renewable energy finance division can assist with any requirements relating to the enquiry or purchase on wind turbines, whether that be from the payment structure or the installation.

What is Wind Turbine Finance?

This method of finance integrates specialist funding solutions that spread out the cost of this asset, allowing for you to acquire high value equipment whilst maintaining your company’s capital.

If you are using the asset to provide renewable energy for your business, then you will need to lease or use a hire purchase agreement to purchase the wind turbines.

Some of the financing options for wind turbines

Hire Purchase: This is a type of asset finance that allows you to spread the cost of typically a high value asset, over a long period with regular fixed payments. With hire purchase, there is usually a requirement to pay the full VAT fee upfront, which could affect cash flow.

Finance Lease: This type of lease refers to renting an asset over an agreed period, with you being responsible for maintenance, funding up to 100% of the capital cost for the asset. At the end of the lease, you have the option to extend the lease to request to sell the asset.

How does wind turbine finance work?

Wind turbine finance is a viable option when acquiring a high value asset without having to make significant sacrifices to business cash flow and reserves. Even though you do not own the wind turbine initially, you are still able to use the asset for the business. By financing a new wind turbine, you can specify the term length of the finance agreement.

Is wind turbine finance right for your business?

Wind turbine finance includes several types of funding with structures that can be adapted to your requirements. By financing a wind turbine or wind power project, the company remains in control of the capital expenditure and the financial stability is protected.

The cost of a turbine depends on the size and type of mounting but a typical small 6kW pole-mounted system would cost around £31,000-£50,000.

We can help by arranging finance for the purchase of your wind turbine, whether that’s funding a wind farm or a single wind turbine and carry out a business sustainability review.

Applying for wind turbine finance

MAF Finance Group works with an array of banks and alternative finance providers to deliver the most competitive and flexible solutions 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 protected]