Asset Finance

Use the income from your wind turbines or solar panels to pay your finance!


For Renewable Energy

The UK government has pledged to cut greenhouse-gas emissions by 80% before 2050 as part of its wider intentions to tackle global climate change. CARMERCIAL Asset Finance understand the importance of renewable, green technology as a key component to achieving these targets. Not only is renewable energy better for the environment but there can also be significant savings to be made, especially if you are able to take advantage of government incentives to help with the capital costs of changing from traditional energy supplies.

The challenge is often that to make this change to renewable energy sources, the capital cost of the equipment needed is often quite steep and mainstream finance companies are reluctant to offer finance options for it. CARMERCIAL Asset Finance can help businesses finance the installation costs of renewable energy equipment and can structure repayments to correspond with any RHI and ROC payments.

Whether you are looking for finance to help with the purchase or installation of new equipment, to restructure existing renewable equipment debt, or refinance to raise additional working capital, CARMERCIAL Asset Finance can help.

We can help you find an affordable way to spread the cost of the equipment you need through tailor-made Hire Purchase, Lease or Refinance packages.

Below are some of the Green Energy Equipment we can finance. Get in touch to find out how we can help you.

Solar Panels
Wind Turbines
CHP Units
AD Plant Equipment

Please note that whilst this list is extensive it is not exhaustive. Please contact us with any Asset queries you may have.

Finance products for renewable energy

Hire Purchase

HP is a secured loan on your asset. It allows you to acquire the asset immediately with a small deposit. You pay monthly instalments over the agreed term which spreads the cost of your investment. At the end of the term you can pay a nominal 'option to purchase' fee and you will own the asset outright.

HP helps keep capital in your business making it easier to budget. It is a popular finance product for businesses looking to purchase any type of asset.

Capital Release

Refinancing the current assets on your balance sheet is a great way to get a cash injection in to your business. We buy the asset from you; and you buy it back from us on a Hire Purchase agreement over an agreed term.

Improved cash flow and available funds can be used to acquire additional assets, or put it to use in any part of your business you choose. At the end of the refinance term you will once again own the asset.

Finance Lease

A finance lease can be set up as a full pay out agreement or with a balloon payment on the end. This allows you to acquire the asset without having to buy it outright. You choose what deposit you'd like to pay and the length of term. Rentals are paid each month and at the end of the contract you can return the asset to the funder, sell and keep a portion of the income or continue using the asset in a secondary rental period.

This flexible finance agreement provides a low initial outlay, VAT can be reclaimed on rentals and the cost can be offset against pre-tax profits.

Operating Lease

An Operating Lease or Contract Hire as it's also known, allows you to rent the asset over an agreed term. A residual value (rv) is set by the funder based on the value of the asset at the end of the term.

Payments will be lower than that of an HP as you are only funding the depreciation of the asset during the time you have it, not the full cost of the asset as you would do if financing to own. At the end of the term you hand the asset back and walk away meaning you have less hassle trying to sell or negotiate a trade-in.

Renewable energy is good for the environment, can save you money and not only that, can actually make you money through various government schemes.

So why haven't we all embraced this new technology? Cost!

Asset Finance can help spread the cost.