SBCI Partnership
The Energy Efficiency Loans Scheme (EELS) is made available by the Strategic Banking Corporation of Ireland (SBCI) with the support of the European Investment Fund (EIF), further details can be found on the SBCI Website
Key Features
The Scheme is to support eligible SMEs to invest in energy efficient assets that will improve their energy efficiency and support the national objective of reducing carbon emissions
Loan amounts from €10,000 to €150,000. Flexible terms from 1-10 years
Making your business more energy-efficient is an effective way of reducing operating costs while being kinder to the planet
No additional security will be required outside normal criteria for Capitalflow Asset Finance products. No security will be required outside of normal criteria for Capitalflow Unsecured Retrofit Loan product
Funding of up to 100% is available up to a maximum of €150,000 subject to scheme and Capitalflow criteria
Capitalflow will pay the participation fee directly to SBCI for inclusion in this scheme. In addition, Capitalflow will provide a 1% discount off standard rates.
Who Can Apply
The Energy Efficient Loan Scheme (EELS) is suitable for:
- has fewer than 250 employees
- has a turnover of €50 million or less (or €43 million or less on their balance sheet)
- is independent and autonomous i.e. not part of a wider group of enterprises
- has less than 25% of their capital held by public bodies
- is established and operating in the Republic of Ireland
- A person who is engaged in primary production which is the production, rearing or growing of primary products including harvesting, milking and farmed animal production prior to slaughter.
- It also includes hunting and fishing and the harvesting of wild products.
How To Apply
Follow this simple 2 step application process:
1. Are you eligible?
Step 1 – You submit an Eligibility Application Form to the SBCI. If eligible, you will receive an eligibility code.
2. Start Application
Upon receipt of your eligibility code, you can now apply for funding, start by getting your quote with us here
Email hello@capitalflow.ie for further information
Frequently Asked Questions
Energy Efficiency Loan Scheme
Lower Cost Green Funding for Irish Business
with support from the Strategic Banking Corporation of Ireland (SBCI) and the European Investment Fund (EIF)
