Interest-free loans up to £3000 for e-bikes

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Jon Oates
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Interest-free loans up to £3000 for e-bikes

Postby Jon Oates » Thu Jun 14, 2018 11:46 am

https://cyclingindustry.news/scotland-l ... ke-uptake/

Interest-free loans tallying as much as £3,000 are to be made available to citizens and businesses interested in electric bikes, with applications invited as part of the £500,000 Low Carbon Transport Loan Fund.

No word yet on terms & conditions or how to apply.

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Buzby
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Re: Interest-free loans up to £3000 for e-bikes

Postby Buzby » Thu Jun 14, 2018 2:44 pm

Not for individuals - it is aimed at co-operatives and outfits to set up their own schemes... they’re not going to be offering deferred payment schemes for individual purchases as far as I can tell.
- Raymond (Glasgow)
EVA Communications

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Jon Oates
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Re: Interest-free loans up to £3000 for e-bikes

Postby Jon Oates » Thu Jun 14, 2018 3:31 pm

In addition to co-operatives & businesses, available for households:

http://www.energysavingtrust.org.uk/sco ... ebike-loan

Application forms from 22nd June.

Good to see that it has a higher limit for family cargo e-bikes and adaptive e-bikes.

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Buzby
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Re: Interest-free loans up to £3000 for e-bikes

Postby Buzby » Thu Jun 14, 2018 9:54 pm

Tks for the link - it wasn’t in my press release. What IS odd, is there anyone who feels £3k is a ‘reasonable’ amount? We may see bikes at that price, but it isn’t the same as a plug-in grant - the purchaser is still paying the full amount. And for a grand or so more, you can get a pre-loved Leaf, Zoe or similar.
- Raymond (Glasgow)
EVA Communications


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