Asset finance
Energy-efficient equipment finance: cut energy bills, spread the cost
Energy-efficient equipment finance helps a limited company replace old, costly equipment such as heating, lighting, motors and refrigeration, paying for it as the savings come in.
- How long
- Usually 2 to 5 years
- Depends on the lender and the deal
- How fast
- Around 2 to 3 weeks
- Typical; never guaranteed
- Our fee
- €0 to you
- The lender pays us commission
Quick eligibility check
Replacing costly old equipment?
Step 1 of 3 · about 60 seconds
About 60 seconds · no credit search · not recorded on the Central Credit Register
Prefer to talk? +353 1 536 9910- How long
- Usually 2 to 5 years
- Depends on the lender and the deal
- How fast
- Around 2 to 3 weeks
- Typical; never guaranteed
- Our fee
- €0 to you
- The lender pays us commission
- Irish limited companies
- Several lenders, one request
- No fees for your company
- No obligation
At a glance
Energy-efficient equipment finance at a glance
around 2 to 3 weeks
- Irish limited companies
- Often 12+ months trading
- Depends on the lender
- 1
Tell us what you need
Three taps: purpose, amount, business type. About 60 seconds, no credit search and not recorded on the Central Credit Register.
- 2
We match you to lenders
We check your profile against lender criteria and approach only those likely to consider it. One request, only to lenders likely to consider it.
- 3
Compare any offers
See the rate, fees, security and any personal guarantee side by side before you decide anything.
Lenders we work with
We are a broker, not a lender. Lender names and logos are trademarks of their owners and are shown with permission. Their inclusion does not mean the lender endorses Welcome Finance. Finance is subject to each lender’s own approval, which is not guaranteed.
About energy-efficient equipment finance
Old heating systems, lighting, compressors, motors and refrigeration can waste a lot of energy. Energy-efficient equipment finance spreads the cost of replacing them, so the lower bills help pay for the upgrade. Options include a business loan, a bank green loan, hire purchase or leasing from the supplier's finance partner.
The Accelerated Capital Allowance lets a company write off 100% of the cost of qualifying energy-efficient equipment against profits in the year it is bought, instead of over eight years. The equipment must be on SEAI's Triple E register, new, used in the trade and not leased to you, and minimum spends apply. Budget 2026 extended the ACA to 2030. Ask your accountant how it applies to your company.
Our panel may help with an unsecured business loan to pay for the equipment, which your company then owns from day one. The lender makes the decision and sets the rate; approval is never guaranteed. See also green and energy-efficiency loans and plant and machinery finance.
What it’s used for
- Heat pumps and efficient boilers
- LED lighting and controls
- Efficient motors, drives and compressors
- Refrigeration and building energy management systems
Who it’s for
- Manufacturers with old motors, compressors or boilers
- Food businesses and retailers with refrigeration
- Hotels, gyms and offices with high heating costs
- Companies preparing for customer carbon reporting
No credit search · not recorded on the Central Credit Register · about 60 seconds
Energy-efficient equipment finance calculator
Estimated monthly repayment
€3,179.97
- Total interest
- €14,479
- Total repayable
- €114,479
- Equivalent APR (effective)
- 9.38%
- Factor rate
- 1.1448
- Equivalent flat rate (per year)
- 4.83%
Illustrative only. Actual rates, fees and terms depend on your circumstances and the lender. This is not an offer of finance.
How energy-efficient equipment finance works
- 1
Check the equipment
Ask suppliers whether models are on SEAI's Triple E register.
- 2
Estimate savings
Get a supplier quote with expected energy savings.
- 3
Compare finance
Compare a loan, green loan or lease on total cost.
- 4
Install and repay
The lender pays the supplier or your company, and you repay monthly.
Types of energy-efficient equipment finance
Business or green loan
Your company owns the equipment and may claim the ACA.
Hire purchase
Fixed payments, ownership after the final payment.
Lease
Use of the equipment for a set term; usually no ACA for the user.
Typical eligibility
Every lender sets its own criteria. These are common starting points. We’ll tell you which lenders are likely to consider your business.
- Irish limited company buying for business use
- Supplier quote for the equipment
- Bank statements and accounts that support repayments
- For our panel, usually 12 months trading and turnover over €100,000
What you’ll usually need
- Supplier quote and specification
- Energy bills or an energy audit
- Recent business bank statements
- Latest filed accounts
Advantages
- Lower energy bills help cover repayments
- 100% first-year tax relief may apply
- Can support customer and lender sustainability checks
Things to consider
- Savings are estimates, not certain
- Leased equipment usually does not qualify for the ACA
- Installation can disrupt the business
Rates, fees and costs
Costs depend on the amount, term and finance type. Compare the total cost in euro against the expected savings and any tax relief your accountant confirms.
We are paid commission by the lender when finance completes. We do not charge your company a fee and never ask for payment upfront.
Example (for illustration only): a company borrows €40,000 over 4 years to replace old refrigeration with energy-efficient equipment. If a lender’s offer showed a total repayable of €46,080, the repayments would be 48 monthly payments of €960. Set those repayments against the expected savings on energy bills. The real cost depends on the lender’s offer, and finance is subject to status and lender approval.
Your company must repay even if savings are lower than expected. With HP or a lease, the equipment can be taken back if payments are missed; with a loan, the lender can pursue the company and any guarantor.
Finance is subject to status and the lender’s approval. Welcome Finance is a commercial finance broker, not a lender. We arrange finance for limited companies for business purposes only; this is not regulated by the Central Bank of Ireland.
Compare energy-efficient equipment finance with alternatives
Not sure this is the right fit? Here’s how it compares with the options businesses most often weigh it against.
Energy-efficient equipment finance
This page- Amount
- Varies
- Term
- Usually 2 to 5 years
- Typical speed
- Usually 1 to 3 weeks; not guaranteed
- Security
- Depends on the lender
- Typical min. trading
- 12 months
- Amount
- Varies
- Term
- Bank green loans up to 7 years
- Typical speed
- Usually 1 to 4 weeks
- Security
- Depends on the lender
- Typical min. trading
- 24 months
- Amount
- Varies
- Term
- Usually 3 to 5 years
- Typical speed
- Usually within days; not guaranteed
- Security
- The asset
- Typical min. trading
- 12 months
- Amount
- Varies
- Term
- Up to about 7 years or the asset’s life
- Typical speed
- Usually within days; not guaranteed
- Security
- The asset
- Typical min. trading
- 12 months
| Detail | This page Energy-efficient equipment finance | Green and energy-efficiency loans | Equipment leasing | Plant and machinery finance |
|---|---|---|---|---|
| Amount | Varies | Varies | Varies | Varies |
| Term | Usually 2 to 5 years | Bank green loans up to 7 years | Usually 3 to 5 years | Up to about 7 years or the asset’s life |
| Typical speed | Usually 1 to 3 weeks; not guaranteed | Usually 1 to 4 weeks | Usually within days; not guaranteed | Usually within days; not guaranteed |
| Security | Depends on the lender | Depends on the lender | The asset | The asset |
| Typical min. trading | 12 months | 24 months | 12 months | 12 months |
How we work
Energy-efficient equipment finance: frequently asked questions
What is the Accelerated Capital Allowance?
It is a tax relief that lets a company deduct 100% of the cost of qualifying energy-efficient equipment from its profits in the first year, instead of over eight years. The equipment must be on SEAI's Triple E register. Budget 2026 extended it to 2030.
Does leased equipment qualify for the ACA?
Usually not. SEAI says the equipment must be new, used in the trade and not leased, let or hired. A loan, where your company buys and owns the equipment, is more likely to fit. Ask your accountant.
What equipment can be financed?
Most business equipment that saves energy: heat pumps, efficient boilers, LED lighting, motors and drives, compressors, refrigeration and building energy management systems. Lenders want a supplier quote and may ask for an estimate of savings.
Are there SEAI grants for business equipment?
SEAI runs several business supports, including solar PV grants and energy audit supports, and they change often. Check SEAI's business grants pages before you buy, because many grants require approval before any spend.
Does Welcome Finance offer equipment leasing?
Tell us what your company needs and we will tell you whether a lender on our panel may consider it. Our panel may also help with an unsecured business loan to buy the equipment outright.
How long can I spread the cost?
Business loans on our panel run from 6 months to 5 years. Bank green loans and leases can run longer. Try to match the term to the equipment's working life and the time the savings take to pay for it.
Check in 60 seconds
Replacing costly old equipment?
Tell us what you want to buy and the amount. We will tell you honestly whether our panel may help with a business loan.
- No credit search, not recorded on the Central Credit Register
- One request, several lenders: we’re a broker, not a lender
- For limited companies registered in Ireland
- No fees for your company: we’re paid commission by the lender
Step 1 of 3 · about 60 seconds
Sources: Accelerated Capital Allowance, SEAI (checked 26 Oct 2026); Green measures in Budget 2026, Chartered Accountants Ireland (checked 26 Oct 2026); Frequently asked questions, Linked Finance (checked 26 Oct 2026).