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SME Loan Fund

Take out an interest-free SME loan for resource efficient measures and not only will you reduce your bills, you’ll receive 15% cashback.

The Scottish Government is committed to supporting small and medium sized Scottish businesses to reduce energy and resource costs. Reducing operating costs not only improves your margins but can help make you more competitive.

The SME Loan provides unsecured, interest free loans from £1,000 up to £100,000 for the installation of energy efficient measures such as lighting and heating upgrades, double glazing, insulation and much more. (The further information document provides a list of all eligible projects.)

15% cashback available for a limited period

Apply for the SME Loan to help you install eligible measures and you will receive cashback on completion of your project (to a maximum value of £10,000).

Your loan can be used to pay for:

  • Heating, ventilation and air conditioning upgrades – from single improvements to controls to complete system replacements
  • Lighting systems – fitting and controls
  • Building fabric – including insulation, draft-proofing, double and secondary glazing
  • Water saving – be it installing a grey water system, harvesting rain water or sampling installing water efficient taps
  • Waste reduction – installation of equipment to improve handling and reduce waste at source

Suitable projects and eligibility

Full details on eligibility criteria and the list of qualifying technologies can be found in the important information document.


Don’t miss out on Government SME Funding!

Since its launch in 2008, the SME Loan has provided Scottish businesses with over £26,24 million in loans for over 968 projects, resulting in an estimated financial saving to businesses of over £48.02 million. 

Steps to secure your cashback:

  • Complete the fields below;
  • We’ll email you a form for you to tell us about your business;
  • Return the completed form to;
  • Our experts will help you to find ways to reduce your energy use (and bills!). A written report will be provided that will include measures eligible for the loan;
  • Submit your loan application along with your report. 

Funds are limited and distributed on a first come, first served basis. Avoid disappointment and act now. 

If you are a private sector landlord, and you require more than the eligible funding amount of £100,000, or have any other queries, please speak to Home Energy Scotland, as there is potentially scope to review loan funding on a case by case basis. .

“Applying for the SME Loan was a no-brainer really. Our staff started the ball rolling by talking about how we can recycle more, cut down on waste and be more energy efficient, hence that’s when we started to look at lighting upgrades and we found out we could get some support to achieve that. It makes perfect sense because it’s financially beneficial but also, we have a duty of care as a company to do the right thing for the planet. We’re very proud that ACS Clothing is leading the way for SMEs in Scotland in creating a greener and more sustainable future.” Tony Burns, Operations Director, ACS Clothing.

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