Funding assets without the weight of an outright purchase

Transition to low carbon with Lombard

On this page:

About Lombard

Green Asset Finance

Other finance

Speak to us

Take action

play button

Funding sustainable assets since 2010

We could support your business when investing in a wide range of sustainable assets, whether you're considering:

Roof or ground mounted solar panels
Onshore wind power turbines
Combined Heat and Power & Air source heat pumps
Biomass boilers
Battery Storage
LED Lighting
Electric charging infrastructure
Alternative fuel vehicles for example Cars, LCV’s, HCV’s, Buses

See how Lombard could support your business on its sustainable journey (PDF, 609KB).

What is Green Asset Finance?

Green Asset Finance is specifically available for zero emission vehicles and other assets which may help your business be more sustainable. Below list of eligible assets has been developed by NatWest Group, this is subject to review and change on an ongoing basis:

Eligible Clean Transport Vehicles

Zero emission: Agricultural machinery, buses, cars, coaches and vans.

Other eligible Clean Energy Assets

Anaerobic digestion, batteries, biomass boilers, Combined Heat & Power (including Gas CHP), emissions / environmental monitoring systems, energy storage, energy management systems, electric vehicle charging infrastructure, gasification plants, heat pumps (air or ground), LED lighting, on-shore wind turbines, voltage optimisers, smart meters and solar panels.

NatWest Group Green Asset Finance is available to over 18s which meets the NatWest Group Climate and Sustainable Finance Inclusion Criteria for your business size. Security may be required. Fees (other than arrangement fees) may apply. Available to UK customers for business purposes only. Available for borrowing over £25,000 and less than £10 million. Subject to status, eligibility and approval. Finance provided by Lombard.

Finance options

Whether you are looking to fund renewable energy assets as a one-off venture or you are planning a larger project.

Hire Purchase

Spread the purchase cost of your asset, with the option to own it at the end

You’ll usually pay an initial deposit, then pay off the asset's full value through monthly payments. Once the final agreed payment is made, you can own the asset.

Structure payments to fit with your cashflow needs

Reduce monthly payments by opting for a final lump sum – a balloon payment

Choose between fixed or variable rates, whichever suits you best

Reduce tax payments – It may be possible to offset repayment interest against your business profits and claim back VAT. Allowances and capital grants may also be claimable on your agreement. (Special Rules may apply.)

Finance Lease

Lease high value equipment with lower repayments and reduced risks

Lombard will purchase the asset and rent it to you. Rentals can be tailored to your cash flow and you’ll benefit by keeping a large portion of the resale value.

Flexible end of term arrangements – When your agreed term is close to finishing, we offer options to end your agreement or re-hire the assets again for less.
Get a portion of the resale value – If you choose to let us sell the assets at the end of your lease, you will receive a cut of the resale sum, which will be the asset’s current market value.
Tax & Capital allowance – Only pay VAT on lease payments. You may also be able to offset some costs associated with renewable energy assets from your taxable profits.

Tax reliefs referred to are those applying under current legislation which may change. The availability and value of any tax reliefs will depend on your individual circumstances

Want your business to be more sustainable?

We've supported Sleepeezee on their journey - see for yourself!

Recent projects we've financed

£8,500,000 to support the refinance of three wind turbines in Scotland in addition to freeing up some additional cash for further investment.

£775,000 to enable a farming business to install a more sustainable energy source for their farm and become more energy efficient.

£60,000 for a company in the battery storage servicing sector, supporting capital expenditure for business critical equipment needed to support their customers.

Get a quote from our dedicated team

With a wealth of experience our team will discuss your specific finance needs, supporting your business' climate goals.

Our Carbon Planner Tool

Register your interest to be one of the first ones to trial our new Carbon Planner and take action to help us shape the future.

More information