Small businesses feeling the pinch during the credit crunch and being offered interest-free loans of up to £200,000 to improve their energy efficiency. Until recently, the largest loan an SME could apply for from the Carbon Trust was £100,000 but that figure has now doubled - and the size of the overall pot available for loans has also shot up by 45% to £31 million. Hugh Jones, solutions director at the Carbon Trust, said: “We know that SMEs want to play their part in tackling climate change, and reduce their energy costs at the same time. “But in the current economic climate, the tighter credit conditions are making it harder for small businesses to find alternative sources of funding.
 
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13 October 2008
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