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Open nowDevolved-nation fundingVerified 6 Nov 2026

Green Business Loan Scheme

Development Bank of Wales (wholly owned by the Welsh Ministers)

Check if you qualifyFree to check · no sign-up · full report £19.95

Worth

£1,000 to £1,500,000

Loan (repayable)

Deadline

Rolling - no fixed deadline

Type of funding

Loan (repayable)

Where

Wales

What it is

A loan you repay, not a grant: £1,000 to £1.5 million at a discounted fixed rate for energy efficiency, low carbon heat and renewables projects at Welsh businesses. The first 12 months are interest only and the term is linked to the project's payback, up to 15 years.

Checked 6 Nov 2026 on developmentbank.wales: loans £1,000 to £1.5m with no arrangement fee; standard risk-based rate (4.8% to 12.5% in the key information) cut by 3.5% or 5% green discount, never below 3%; must be based in Wales, trading two years with filed accounts; needs a supplier quote and energy savings figures; landlords, gambling, tobacco and gas heating excluded.

Official source

Who can apply

A summary of the main rules, not the full list. Development Bank of Wales (wholly owned by the Welsh Ministers) decides who is eligible, so read their guidance before you apply. The free scan checks these against your own business.

  • Business based in Wales
  • You're investing in equipment or premises
Read the full rules at the official source

How to apply, in brief

The business, through the Development Bank of Wales online application.

  1. 1Get energy advice if you need it
  2. 2Get a supplier quote and energy figures
  3. 3Apply online
  4. 4Indicative rate and due diligence
  5. 5Offer, install and draw down

How long a decision takes: For loans up to £50,000, these typically take c.10 days to process. For loans over £50,000, these typically take c.30 days to process. For more complex cases this can take up to 40 days.

The full guide, with what to do at each step, the official link for it and a draft to work from, is part of the £19.95 report.

Common questions

Is Green Business Loan Scheme open for applications?
Yes. It is open for applications, with no fixed deadline.
How much is Green Business Loan Scheme worth?
£1,000 to £1,500,000. It is a loan (repayable), and the funder decides what each applicant receives.
Who runs Green Business Loan Scheme, and where is it available?
Development Bank of Wales (wholly owned by the Welsh Ministers) runs it. It is available in Wales.
How do I apply for Green Business Loan Scheme?
The business, through the Development Bank of Wales online application.

Does your business qualify?

Eligibility rules are where schemes get fiddly. Gov Owed checks your business against Green Business Loan Scheme — and every other UK scheme we track — in about two minutes, free. The £19.95 report then explains exactly why you qualify, drafts your answers and walks you through the real application step by step.

Check my business

No sign-up to scan · keep 100% of anything you win · re-runs free for 12 months

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Information, not financial advice; eligibility is decided by the funder. Contains public sector information licensed under the Open Government Licence v3.0. Schemes change — confirm details on the official page before applying.