Renewable Energy

Renewable energy projects can be a great source of additional income and add real value to under-utilised land on your farm, or even turn waste products into revenue. We have over 20 years’ experience in renewables and will consider any proven technology, even pre-planning permission.

Our loans are typically used for construction finance, saving you from having to sell equity, and opening-up cheaper, long term debt once the project is operational.

Lending Critera Overview

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Loan Size
£100,000 to £10,000,000
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Location
England, Scotland and Wales
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Borrower
Sole traders, partnerships, limited companies, tenant farmers with a right to buy
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Loan to value limit
65%
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Secutiry
Agricultural land and property plus the renewable energy assets
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Use of proceeds
Purchase or construction of any established renewable energy technology with established off-take
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Age Limits
None
Before taking out a loan from us, it’s important to familiarise yourself with our Terms & Conditions.

Step 1

Step 2

Step 3

Step 4

Step 5

Step 6

Step 7

Step 8

rail
Step 1

You decide to expand into renewable energy:

  • Research idea + expert advice
  • Business plan
  • Research different funding sources
Step 2

You contact us:

  • How much would you like and a brief outline of your renewable energy project
  • What’s the security currently worth
  • When do you need the money
  • Any existing debts
  • How will you repay us
  • Anything else we should know
Step 3

We send you a decision in principle for you to accept:

  • How much we can lend, the interest rate and any fees
  • Your only commitment at this stage is for any costs incurred on legal or valuation fees
Step 4

Your application goes to a dedicated loan officer:

  • They help and guides you through the process from start to finish
  • We instruct an independent valuation of the property
  • You appoint a solicitor to act for you
Step 5

Your loan officer asks for:

  • Information, such as bank statements, business accounts, tenancy agreements, your business plan, your team’s expertise, copies of fuel supply / construction / off-take contracts, a net worth statement and the plan to repay our loan
  • We do credit and land registry checks and the solicitors complete normal conveyancing checks
Step 6

We visit you at the farm to:

  • Get to know you and your current business, as well as your renewable energy plans
  • Understand your repayment plan
Step 7

Your solicitor:

  • Explains everything in the documentation
  • You ask about anything you don’t understand
  • You sign to confirm having received independent advice, then sign the contractual paperwork
  • We sign, the loan completes and you receive the funds
Step 8

You build your business and repay our loan

Case Studies

Renewable Project Financing

Our clients were beef hill farmers who had secured a feed-in tariff for a 600kW high-head run-of-river hydro power plant on their land in Scotland.