Royal Bank of Scotland has launched green loans, and through Lombard, green asset finance propositions, for qualifying small to medium-sized enterprises (SMEs).
Following the announcement of the group’s ambition to provide £100bn of Climate and Sustainable Funding and Financing to customers by the end of 2025, green loans and green asset finance are due to be open for applications from 18 February.
Together, these propositions aim to help qualifying SMEs finance things like solar panels, electric vehicles, or heat pumps on commercial buildings that fall within the eligible list developed by the bank on an ongoing basis.
