The interest-free eBike Business Loan is available to businesses in Scotland.
Interest-free loans of up to £30,000 are available from Energy Saving Trust, funded by Transport Scotland (an agency of the Scottish Government). The ebike business loan aims to support organisations that want to reduce the carbon impact of their transport and travel arrangements with new and more efficient alternatives, and are available to help with the cost of purchase.
The loan covers:
- new pedal-assisted electric bikes, up to £3,000 per bike
- new cargo bikes, up to £6,000 per bike
- new adapted cycles
Please note that if your organisation is replacing a car or van with a cargo or ecargo bike, there is no maximum limit per bike, within the maximum loan amount of £30,000. Supporting documentation for this loan can be acquired from a sustainable transport coordinator, and will need to be uploaded alongside any other documentation required to support the application.