Tailored finance for the renewable sector
Tailored finance for the renewable sector
With a lot of business benefits, government support and cost savings, the world is moving over to renewable energy. Moorgate is committed to supporting energy projects to improve credentials, diversify businesses and to save money on energy costs.
We can help by funding new assets or projects that help our customers save money on their energy bill or we can refinance existing sources for cash flow purposes.
We have dedicated Account Managers who provide advice and guidance throughout the process and who can talk to you about what government incentives are in place to help your business.
Technologies we finance include…
✔ Solar panel technology
✔ Biomass energy
✔ On-shore wind
✔ Air and ground source heat pumps
✔ Anaerobic digestion plants
✔ Combined heat and power (CHP) systems
“Moorgate have been super helpful, professional, responsive and proactive and I can highly recommend them.”
Sophie Alexander
Renewables Finance Case Studies
Monthly Savings of £760 After Solar Panel Installation
The Challenge
This company were facing significant costs for their energy and needed to look for an alternative solution. Their bill was over £950 per month to provide energy for their current premises - creating a high strain on their cash flow. While keen to find a cost-effective solution, the business was hesitant about the significant upfront investment of options such as solar installation.
The Solution
The business was able to have the solar panels installed with no upfront cost. We were then able to finance the solar panels over a 5-year term, allowing the business to spread the costs over time and align the repayments to their previous bill payments. Their new bill, including the finance repayment, was £53 lower than their original energy payment- making the installation a beneficial addition right away.
£230,000 Funded for a Waste Recycling Business
The Challenge
This waste recycling business approached us to consolidate an existing loan and secure better terms to alleviate the financial strain they were currently facing. High interest rates on their current loan were significantly impacting their monthly cash flow, preventing them from moving forward with planned expansion projects and upgrading their fleet to replace their older assets.
The Solution
We successfully funded £230,000 for the business through an unsecured loan with a 60-month term. This enabled them to consolidate their existing borrowing under more favourable terms, resulting in significantly lower and more affordable monthly payments. The improved cash flow has allowed the business to expand and and upgrade assets, and the benefits extend even further, as the additional cash flow has positioned the business to diversify into a new market.
Why Moorgate?
We understand the financial pressures that arise in businesses and we provide financing solutions to help your business grow.
Sector Expertise
Moorgate is a leader in assets, mortgage broking and equipment financing. You can trust us to help support your business.
Tailored Finance
We can find the product to suit you.
Dedicated Broker
All of our brokers are certified in their fields.