Scotland - Apply for Low Carbon Transport Business Loan

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Procedure

Apply Online

1. To Apply for Low Carbon Transport Business Loan in Scotland, the applicant has to make the application online via link
2. The applicant has to enter the name and select the size.
3. Also, enter the postcode and click the “Search” button.
4. Enter all the personal details.
5. After completing the details, the applicant has to click the "submit" button.
6. Now the applicant has to upload all the necessary documents that are mentioned in the “Required Documents” section of this page.
7. Once completed, the applicant has to click the “Submit” button.
8. After receiving the application, the concerned authority will check the submitted application and document set. If all are in place, the application will be accepted.
9. Then the application will be processed further.
10. If the application is successful, carefully review the funding scheme's guidelines and instructions.
11. This will outline the terms and conditions, reporting requirements, and any other obligations the applicant needs to fulfill.
12. For further details, the applicant has to follow the instruction given by the officer.
13. This entire process can be completed within 30 days or as per the timeline advised by the respective department authority.

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Required Documents

• Proof of identity
• Financial statements
• Tax returns
• Collateral documentation
• Bank statement
• Project cost estimates
• Environment impact assessment

Office Locations & Contacts

ENERGY SAVING TRUST SCOTLAND
Energy Saving Trust Scotland, Second Floor,
Ocean Point 1, 94 Ocean Drive, Edinburgh, EH6 6JH
Phone 0131 555 7900
Contact link- link

Eligibility

• Any business person who intends to Apply for Low Carbon Transport Business Loan is eligible to make this application.

Fees

• There was no fee for Low Carbon Transport Business Loan in Scotland

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• This entire process can be completed within 30 days or as per the timeline advised by the respective department authority.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicants must complete the application form before submitting it. Incomplete applications will not be accepted.
• Applicants must provide genuine information while applying for this procedure.

Required Information

• Name of the applicant
• Address
• Email
• Telephone
• Employee id
• Date of birth
• Gender

Need for the Document

• One of the primary uses of a low-carbon transport business loan is to finance the acquisition of low-emission vehicles. This could include electric cars, hybrid vehicles, electric bikes, or even commercial vehicles powered by alternative fuels such as biofuels or hydrogen. By transitioning to low-carbon vehicles, businesses can reduce their carbon footprint and contribute to Scotland's sustainability goals.

Information which might help

• For more information – link

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Link

Others

• UPGRADING EXISTING VEHICLE FLEET: The loan can be used to retrofit existing vehicles with low carbon technologies. For example, businesses can invest in retrofitting diesel vehicles with emission reduction systems, such as particulate filters or selective catalytic reduction (SCR) devices. These upgrades can significantly reduce emissions and improve the environmental performance of the fleet.
• Developing charging or refueling infrastructure: The loan can be utilized to establish or expand charging or refueling infrastructure for low carbon vehicles. This may include installing electric vehicle charging stations at business premises, developing hydrogen refueling stations, or setting up biofuel distribution points. By investing in the necessary infrastructure, businesses can support the wider adoption of low carbon transportation and attract eco-conscious customers.