FAF has supported start-ups and SMEs in the growing renewables and low carbon industries.
Many businesses in this sector struggle to finance assets due to the perceived risk associated with adopting new technology however, using a pragmatic approach FAF can provide the financial support required.
A business required the plant & equipment essential for expansion in the North of England. This was to develop a low carbon long-range HGV fleet aimed at reducing carbon emissions in the logistics sector.
The funding was an essential factor in the company’s growth, and the financial support from FAF enabled the allocation of existing capital to the development of new sites.