Renewable Energy Business Loan | Luminor
Renewable energy business loan
Renewable energy business loan
Borrow up to EUR 30,000 without real estate mortgage
Small and medium‑sized businesses can apply for EIB‑supported financing with reduced % interest rates
Renewable Energy Business Loan can be used for purchase of the following equipment
♦ Solar panels
♦ Wind turbines
♦ Electric car chargers
♦ Air conditioners
♦ Heat pumps
Conditions
♦ Borrow up to EUR 30,000 with a pledge of movable assets or owner’s surety. A mortgage of real estate is not required
♦ Loan amount from EUR 2,000 to EUR 200,000
♦ Financing that covers up to 80 % of the purchase cost of the equipment
♦ Repayment term of up to 5 years
How to apply for a loan?
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Prepare a business plan outlining your development goals, required resources, and planned execution dates
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Submit documents. Complete the application form and provide the necessary documents
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Wait for an answer. We will assess your application and contact you with our decision and details on how much we can lend you
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Sign the agreement. Agree to and sign the loan contract. We may ask you to pledge and insure your property.
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Money disbursement. The money will be transferred to your bank account
Useful links
You will need the following documents
- Completed application form
- Financial accounts from the last two years. Please include balance, profit‑loss statements, and cash‑flow statement
- Collateral valuation for projects that are secured by real estate collateral
- You may also be requested to provide additional details and/or documents
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