Energy Efficiency Finance for SMEs. Helping your business cut energy costs. Drop in to any branch

Transcription

1 Energy Efficiency Finance for SMEs Helping your business cut energy costs. Drop in to any branch

2 Cut energy costs and save for your business. Contents 01 Cut energy costs and save for your business Helping you to cut energy costs and create future savings for your business. With rising energy prices it makes sense for every business, large or small, to start thinking about energy efficiency as a way to cut costs. Investing in an energy efficiency solution today can reduce your energy bills and create savings for your business into the future. AIB has a range of finance options to help finance your energy efficiency project, including business loans, leasing and hire purchase. In some cases, the cost of financing your project will be less than the savings you will generate. So why not keep cash in your business and finance your energy efficiency project with AIB? 02 What types of businesses can benefit? 03 Energy efficiency 04 Finance and repayment options 05 Useful websites 2 Call us Click on 1

3 What types of businesses can benefit? Energy efficiency. Solutions for your business. Many types of business, regardless of size, can potentially reduce their operating expenses through energy efficiency solutions. For example: Food, beverage, healthcare, hospitality and manufacturing sectors traditionally have high energy usage that could be made more efficient Businesses considering investing in new equipment and machinery should consider the most energy efficient solutions to minimise the running costs Retailers, hotels, nursing homes and agriculture businesses that use significant lighting, refrigeration and Heating, Ventilation and Air Conditioning (HVAC) could save on energy bills Businesses replacing equipment should check if the new equipment qualifies for Accelerated Capital Allowances (ACA)*. Find out more To find out about SME Energy Efficiency Finance, you can: Contact your Relationship Manager to discuss your finance needs and how we can support you Call us today on (Lines are open 8am to 9pm Monday to Friday and 9am to 6pm Saturday) Click on We ll outline the information we will need from you to support your credit application. There are many types of solutions your business can undertake to increase efficiency. Switching to energy efficient lighting can be a quick win for a lot of businesses as the payback can be very short. Others include: Heating and cooling Energy Management Systems Combined Heat and Power systems (CHP) Heating, Ventilation and Air Conditioning (HVAC) Monitoring and control systems Heat pumps Process re-engineering/refinement Electric vehicles. How can we help? If you have questions about available finance options for energy efficiency projects, you can talk to your Relationship Manager. *An ACA is a tax incentive that allows companies to write off 100% of the purchase value of qualifying energy efficient equipment against their profit in the year of purchase. Full details are available on For full details on SME Energy Efficiency Finance contact or 2 Call us Click on 3

4 Finance and repayment options. AIB has a range of finance options available no matter how big or small, straightforward or complex your energy efficiency project is. We can also provide flexible repayment options, which can be structured to take into account seasonal changes in your business cash flow. And, when assessing your credit application, we ll take account of your additional repayment capacity resulting from the reduction in your energy bills. Our finance options include: EIB Loan III In partnership with the European Investment Bank (EIB), our EIB Loan offers finance to qualifying businesses. To find out whether your company and project qualifies for EIB funding, talk to your Relationship Manager today or click on Asset Finance (Leasing and Hire Purchase) Asset Finance has a range of products to finance new or used business assets. Talk to your Relationship Manager today about Asset Finance or click on Lending criteria, terms and conditions apply. Allied Irish Banks, p.l.c. is regulated by the Central Bank of Ireland. Useful websites. Organisation Description Website Bord Bia - Origin Green Ireland is a country supremely well suited to sustainability. Our climate is temperate; our lush, green countryside is perfect for farming; ours seas are teeming with fish. Irish Green Building Council Smart Farming Sustainable Energy Authority of Ireland It is the proper management of these resources now that matters, and which will further enhance and demonstrate our green reputation. That is where Origin Green, and your company s participation comes in. The Irish Green Building Council was launched with organisations and businesses from the entire value chain of the build environment. All are united in one common goal to provide leadership to accelerate the rate of change in Ireland to a sustainable built environment. Smart Farming is an initiative which highlights ways that you can reduce your farm bills and maximise output through better resource management. SEAI s mission is to play a leading role in transforming Ireland into a society based on sustainable energy structures, technologies and practices When assessing your credit application, AIB will take account of your additional repayment capacity resulting from the reduction in your energy bills. 4 Call us Click on 5

5 How to get in touch Call us Call in to any branch Click on If you have any questions, just ask. AIBM/CBB116 11/13 AIB051G*************