{"type":"document","data":{"id":"715da6f4-1ed9-43d5-9080-dca142c71323","localeString":"en-GB","publishDate":"2024-10-10T15:24:50.322+02:00","contentType":"onecms:editorialPage","hasMacro":false,"flexPageMetadata":{"afmBanner":false,"robotInstruction":{"noIndex":false,"noFollow":false},"description":"ING and the European Investment Bank (EIB) offer lower interest rates for companies investing in sustainability."},"mainHeaderZone":{"componentType":"editorialHeader","coreHeader":{"title":"Attractive interest rates for sustainable investments","subtitle":"Financing agreement with the EIB","body":"Do you want to invest in sustainability as a company? Then you could well use a boost. That is why ING, in cooperation with the European Investment Bank (EIB), finances sustainable projects at a lower interest rate."},"backLink":{"textLink":{"url":"/en/business/sustainable-business","text":"Sustainable business"}},"date":"2023-09-26","readingTime":2},"flexZone":{"flexComponents":[{"componentType":"sectionTitle","title":"600 million to boost sustainability"},{"componentType":"paragraph","richBody":{"value":"<p>A total of €600 million is made available to Benelux businesses for new investments that have a positive impact on climate and the environment. Saskia Bauters, Head of Business Banking Sales at ING Belgium:</p><blockquote><p><span><span><span><span>This offer fits perfectly with our sustainability strategy. With this rate reduction, we are supporting businesses by encouraging them to opt for the most sustainable solution. </span><span>Together, we are helping to achieve our climate ambitions.</span></span></span></span></p></blockquote><p><span><span><span><span>To qualify for this discount, the nature and size of the sustainable investment and the company must meet <strong>specific conditions</strong>. More information on the </span><a href=\"https://www.eib.org/en/projects/pipelines/all/20220556\"><span>EIB&apos;s website</span></a><span>.</span></span></span></span></p>"}},{"componentType":"paragraph","title":"Is my company eligible for this tarification?","richBody":{"value":"<p><span><span><span><span>Yes, if you are an SME taking out a loan or a lease with ING for a <strong>sustainable investment</strong>, you can apply.</span></span></span></span></p>"}},{"componentType":"paragraph","title":"What conditions must my project meet?","richBody":{"value":"<p><span><span><span><span>The total amount of the investment may not exceed EUR 25 million. The requested credit must be a minimum of EUR 125,000 and a maximum of EUR 12.5 million.</span></span></span></span></p><p><span><span><span><span>Moreover, the discount rate only applies to projects of a <strong>sustainable nature</strong>. These can be investments in</span></span></span></span></p><ul><li><span><span><span>renewable energy</span></span></span></li><li><span><span><span>energy efficiency</span></span></span></li><li><span><span><span>sustainable agriculture</span></span></span></li><li><span><span><span>organic products</span></span></span></li><li><span><span><span>low-carbon transport</span></span></span></li><li><span><span><span>waste collection and treatment</span></span></span></li><li><span><span><span>water supply and sanitation</span></span></span></li><li><span><span><span>other climate-friendly projects</span></span></span></li></ul><p><span><span><span><span>Want to know if your project meets the criteria? Then do the check on the </span><a href=\"https://greenchecker.eib.org/\"><span>EIB&apos;s website</span></a><span>.</span></span></span></span></p><p><span><span><span><span>Each application is <strong>assessed individually</strong>, taking into account the EIB&apos;s general and sustainability criteria and ING&apos;s lending policy.</span></span></span></span></p>"}},{"componentType":"paragraph","title":"How much is the interest rate discount?","richBody":{"value":"<p><span><span><span><span>Companies can get a reduction in the proposed rate of <strong>60 basis points</strong> for investments that qualify under the criteria</span> <span>for up to 10 years of the term of the loan.</span></span></span></span></p>"}},{"componentType":"paragraph","title":"As of when can I apply?","richBody":{"value":"<p><span><span><span><span>The funding programme is available from <strong>4 July 2023</strong>.</span></span></span></span></p>"}},{"componentType":"paragraph","title":"Want to invest in sustainability?","richBody":{"value":"<p><span><span><span><span>Get in touch with your </span><a href=\"https://promo.ing.be/ContactStrategyBusiness/Identify?LANG=EN\"><span>ING contact</span></a></span></span></span>, who will help you submit your application quickly and easily. </p>"}}]},"complementaryZone":{"flexComponents":[{"componentType":"cards","cards":[{"componentType":"productCard","cardType":"product","cardSize":"small","title":"ING Sustainable Buildings Guide","intro":"Improve the energy performance of your buildings","image":{"transformBaseUrl":"https://assets.ing.com/transform/239180b4-c34f-4f96-8a9d-8e302422fa8b/making-your-home-sustainable-where-should-you-start-1920","type":"image","width":1920,"original":"https://assets.ing.com/m/e692ddb1848e8e3/original/making-your-home-sustainable-where-should-you-start-1920.jpg","extension":"jpg"},"link":{"url":"/en/business/sustainable-business/sustainable-buildings-guide-en"}}]}]}}}