Biomass boiler funding
Used biomass boiler funding secured
The Problem
When a business was looking to purchase a used biomass boiler with existing RHI accreditation, having the knowledge and experience in asking the right questions to present the opportunity to the right funder was critical to achieving the best deal possible.
The Solution
Funding was secured with a funder who understood the asset and critically the income attached to it therefore was able to offer a very competitive rate with a turnaround in just 3 days. Great to see support is out there to invest in green and renewable technologies with this one in particular displacing fossil fuels to provide heat as part of a manufacturing process.
Deal Details
Amount Financed
100000
Term (Years)
3
Product Type
Hire Purchase
Asset Type
Biomass Boiler (Used)