Picture the scene: a home in the Channel Islands, heating is working overtime, single-glazed windows letting the warmth straight back out, and next month’s energy bill is anyone’s guess. A few streets away, a small business owner locks up for the night, wondering how much longer the old boiler in the back room has got left, and what an electric van would really cost to run. Different settings, same underlying problem – and exactly the kind of situations green lending was designed for.

Green loans make environmentally friendly home and business improvements more accessible. Rather than waiting years to save up, Jersey and Guernsey-based home and business owners can invest now and repay in affordable monthly instalments, all while working towards the Islands’ shared goal of becoming carbon neutral.

We offer preferential rates on qualifying green loans: a lower rate than our standard lending, specifically because the project qualifies as eco-friendly. We’ve partnered with Little Green and Jersey Solar Solutions, trusted local renewable energy providers, to make the switch to greener living as effortless as possible.

Funding the projects you might not expect

When people hear “green loan”, they often think first of solar panels or electric vehicles. Both are covered, but they’re only the start. If it supports the sustainability of a home or premises, it’s likely covered too. So, what else is on the list?

  • Electric boilers: a cleaner alternative to traditional gas or oil systems
  • Air source heat pumps: extracting renewable heat from the outside air
  • Home and building re-insulation: loft, cavity wall, and solid wall
  • Night storage heaters: modern, efficient models built for off-peak energy
  • Electric panel radiators: a flexible, room-by-room heating solution
  • Electric underfloor heating: comfortable, efficient, and easy to control
  • Double or triple glazing: less heat loss and less outside noise, in one move
  • LED lighting upgrades: a small change with a big impact, especially in larger commercial spaces

These are the everyday improvements homeowners and business owners often mean to make but never quite do, usually because the upfront cost feels out of reach. That’s the barrier a green loan is built to remove.

Why it’s worth considering now

Fast forward six months. The insulation’s in, the old boiler’s gone: no heating working overtime, no surprise bills. Down the street, the business has made its own changes: upgraded lighting, an electric vehicle on the road, and running costs are lighter every month.

With energy bills rising across the Islands, for households and businesses alike, the case for these upgrades has never been stronger. Beyond the environmental benefits, people who invest in projects like these often see:

  • Lower monthly energy bills, as efficient systems use less power to do the same job
  • Greater energy independence, with less reliance on imported fuel and volatile pricing
  • Improved property or asset value, as efficient homes and premises become more attractive to buyers and tenants

None of it requires waiting until the savings account is big enough. With tailored finance solutions and preferential rates now readily available, there’s never been a better time to invest in a cleaner, more cost-effective energy future

Please note, this is a personal loan with preferential rates for qualifying ‘green’ products.