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Sale of Green Deal Finance Company is Finalised

Greenstone Finance LogoAfter a long anticipated wait we are thrilled to announce the sale of The Green Deal Finance Company (GDFC), which has been finalised today. Everyone here at Snug Network are delighted to be working with Greenstone Finance in the relaunch of the Green Deal scheme and to be providing our customers with Green Deal Finance.

Green Deal Finance (GDF) scheme was originally introduced in 2013 by the Government, to reduce carbon footprints whilst helping many homeowners and tenants afford the necessary energy efficient measures. However by July 2015, the Government stated they would no longer be offering any funding allowing the GDFC to purchase anymore Green Deal Loans. Thus resulting in the GDFC suspending all financing of Green Deal loans for Green Deal Providers. This sale means that even though the scheme will continue to offer the incredible benefits it will no longer be a Government scheme.

As of today all existing Green Deal loans will be serviced by Greenstone Finance. With new Green Deal loans will begin to be financed commencing Q1, 2017.

Visit our Green Deal page for more information. Alternatively you can call 0800 840 6813 and one of the team will be happy to help your further.

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