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Finance packages from £75,000 to £5 million are available for schemes involving renewable technologies such as biomass, solar, wind or heat pumps as well as for traditional technologies that improve energy efficiency.
ReEnergise Finance director Adam Hewson said: "The single biggest problem affecting the UK's growing renewable energy and microgeneration sector is access to finance.
"In an environment where banks are restricted and reluctant to lend against what is perceived as new technology, there is increasingly a need for a specialist intermediary, in particular for commercial projects under the £10 million mark. In reality, finance is available in the UK for renewable energy; the trick is finding it and working with a partner that will get you the right deal.”
He added: “Government schemes are available but you have to have already invested in energy efficient equipment to qualify. We're offering businesses the chance to do that, which we see as the final piece in the energy puzzle."
ReEnergise Finance, which will become a Green Deal finance provider, plans to launch a domestic finance offer later this year.
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