BUSINESS SECTORS
Green Loans for Business
See how you could invest in eligible green assets for your business
How we could support your business
Discounted interest rate
You could get a loan to purchase or refinance eligible green assets (1) at discounted interest rates.
Choice of green assets
There are over 65 eligible green assets(1) for our Green Loans for Business, which you can find listed in our Eligible Green Assets Guide.
Improved energy efficiency
Depending on which asset you choose, a loan(2) could help support energy efficiency, reduce emissions, make cost savings or generate additional income.
Subject to eligibility, other product features apply as standard.
What you could purchase or refinance
You can only take out this loan for your business if the money is used towards eligible green assets(1), like:
- Commercial or residential property with an Energy Performance Certificate (EPC) rating of B or above
- Solar panels
- Battery storage(3)
- Electric vehicles
- Heat pumps
- Building automation and insulation
- Agricultural technologies.
Check if your lending purpose is eligible
For more information and a full list of eligible green assets, read our Eligible Green Assets Guide.
Green Loans for Business
Green Barclayloan for Business
Our loan(4) could help you fund eligible green assets for your business, letting you explore ways to transition your business towards net zero.
Green commercial mortgage
If you want to invest in green assets or an energy efficient building with an EPC rating of B or above, a green commercial mortgage(4) could help.
Green buy-to-let mortgage
If you’re looking to remortgage or expand your property portfolio to include energy efficient buildings with an EPC rating of B or above, our green buy-to-let mortgage(4) could help.
SIPP & SSAS green property loan
Green SIPP and SSAS arrangements(4) offer a finance solution to purchase or refinance an energy efficient commercial property with an EPC rating of B or above via your pension scheme.
Subject to eligibility, other product features apply as standard.
Things you need to know before applying
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Evidence
You may need to provide evidence of the eligible green assets you’re planning to buy or refinance and any costs that will be associated with buying the assets , such as an invoice.
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Disclaimer
Our Green Loans for Business offer a secured funding solution with discounted interest rates when purchasing or refinancing one or more eligible green assets. These are assets that meets our green eligibility criteria, as listed in our Eligible Green Assets Guide. The Eligible Green Assets Guide is informed by Barclays’ Sustainable Finance Framework, which explains our process for classifying financing as sustainable for the purpose of tracking and disclosing our performance against our sustainable finance targets. Classifying the loan as a Green Loan for Business does not mean that the loan and/or its terms and conditions align with any external sustainability related framework, principles or guidance, including the LMA Green Loan Principles.
Green asset finance
We’ve partnered with industry experts Propel to help your business get access to quick and cost-effective finance for eligible green assets(5). You could get a fixed rate of 8.10% for an electric vehicle (EV) and 8.89% for other green assets(6).
Borrow from £5,000 and get a fixed rate for:
- Electric vehicles (EVs)
- Solar photovoltaic (PV) panels
- Battery storage units(3)
- LED lighting
- Heat pumps (air, water and ground)
- EV charging points.
Other ways we could support your sustainability journey
Want to speak to our team?
Important information
Subject to status and eligibility. Terms and conditions apply.(Return to reference)
Business loans are subject to application and status. Security may be required. We offer a fair appeal process should you feel we've not taken all your circumstances into consideration.(Return to reference)
Battery storage is only eligible for the fixed rate when acquired with an eligible green asset from the ‘solar’ or ‘wind’ categories as listed in our Eligible Green Asset Guide. Subject to all conditions of a standard loans. Not available for all industries and subject to normal lending assessment, status and application. Terms and conditions apply. (Return to reference)
Subject to eligibility and all conditions of a standard loan, other product features apply as standard. Not available for all industries and subject to lending assessment, status and application. Terms and conditions apply. (Return to reference)
Barclays Bank UK PLC acts as a credit broker, not a lender. Propel acts as a lender for business customers only. Finance is subject to application, financial circumstances and borrowing history. Terms and conditions apply. Propel Finance Plc is registered in Wales, Company no 04015132. Propel Finance No. 1 Limited is registered in Wales, Company no 10003271. Registered offices are at Unit 5, Langstone Business Village, Langstone Park, Newport, NP18 2LH. For full terms & conditions please click here. (Return to reference)
This rate is subject to change and Propel will calculate and explain the APR with the individual business – the rate you are offered may differ. The APR will take into consideration how the frequency of interest is calculated as well as any additional fees. The offer only applies to new and fully electric vehicles and not petrol, diesel or hybrid vehicles.(Return to reference)
Lines are open Monday to Friday, from 8am to 7pm. To maintain a quality service, we may monitor or record phone calls. Call charges(Return to reference)
Not available for all industries and subject to normal lending assessment, status and application. Terms and conditions apply. (Return to reference)
