Green Loans

What are Green Loans?

A Green Loan from Ulster Bank aims to help eligible UK businesses finance business assets to support their sustainability ambitions, such as solar panels, electric vehicles, or heat pumps on commercial buildings, that fall within the eligible list, which has been developed by the bank and is subject to review and change on an ongoing basis. 

Support for a range of sustainability ambitions for clean buildings and energy, clean transport and agriculture, subject to approval 

No arrangement fees for eligible UK businesses, conditions apply and subject to approval

A range of borrowing options from £50,001, with fixed and variable interest rate loans available

Eligible lending purposes

The new proposition with no arrangement fees will be open to applications from eligible UK businesses who want to acquire assets that fall within the eligible list developed by the bank and subject to review and change on an ongoing basis, relating to:

Clean buildings: retrofits for buildings and low carbon heating measures

Clean energy: renewable energy generation and energy storage systems

Clean transport: electric vehicles

Agriculture: renewable technology, crops, livestock, forest restoration and conservation, marine and low emission management

Green Loans in detail

Borrow from £50,001 up to £10m on a fixed interest rate or no upper limit on a variable rate, subject to approval

Loan interest rates are linked to the Ulster Bank base rate

No arrangement fees, conditions apply

Repayment terms from 3 months up to 25 years

No early repayment charges, conditions apply

Capital Repayment Holiday available, subject to approval. Conditions apply and you must keep paying the interest during the repayment holiday

Changes in the Ulster Bank base rate may require a review of your regular instalment amounts

How it works

Tell us you’re interested

Make an online enquiry below or speak to your Relationship Manager to discuss your needs

We’ll check whether you’re eligible

If you’re eligible and meet all requirements, we’ll progress your application*

Send us the invoice for the loan purpose

If you meet all of the drawdown conditions, you can draw down the funds

Make an online enquiry

Tell us a little about your business and tell us what you want to use the loan for.

One of our lending experts will be in touch to talk through possible solutions and next steps for your loan application.

What is the purpose of your loan?


Great, your application may be eligible for our Green Loan

Sorry, you're not eligible to apply for our Green Loan

Take a look at our full range of loans and finance options you can apply for.

Speak to our team

If you have a Relationship Manager speak to them to discuss your needs.

Customers with hearing and speech impairments can contact us using our Relay UK Service: 18001 0345 366 5592.

Lines are open 9.00am – 5.30pm Monday to Friday (except public holidays)

For more information visit the accessibility page.

Calls may be recorded for training and monitoring purposes. To see how much your call might cost, visit the call charge information page.

More about our Green Loans

Why is a bank getting involved with climate change?

We’re clear that climate change is one of the most important issues we face. We know we must act now to build a resilient economy for the future. As well as preparing ourselves and our customers for change, we’re looking at how we could help our customers to take advantage of the opportunities that transitioning to a low carbon future could offer.

What else could we help you with?