Financing projects

Businesses that wanted energy consulting services, financing and a grant support under the BEERECL,had to follow the four steps presented below:

ELIGIBILITY

Step 1

APPLICATION

Step 2
  • Consultant performs the energy audit and project cash flow analysis
  • Consultant supports the business with developing the project business plan
  • Business submits the loan application to the participating bank and the consultant provides the client’s business plan to the client

LOAN

Step 3
  • The partner bank reviews the loan application and the business plan and decides on the financing
  • Business signs the loan agreement with the partner bank

GRANT

Step 4
  • An independent energy expert validates the project's completion
  • If the validation is sucessful the business receives the KIDSF incentive grant