Applicants work with our Business Development Manager (BDM) to demonstrate commitment, leadership and capability to drive through energy efficiency measures. With the BDM they will complete the initial factual application.
Working with the Client Relationship Manager they work through a more detailed application process. They are then subject to an independent, technical assessment to confirm their ability to deliver the projects and savings.
Subject to a successful assessment, candidates will work with Salix to prioritise projects and set achievable spend targets for fund drawdown over the agreed funding period of two years.
2. Fund Payment Process
A total fund spend schedule is agreed which is aligned with the partner‘s fund availability and Salix fund specifications; typically this schedule is comprised of number of equal payments over two years.
Performance targets (including project and spend commitment and effective use of our monitoring tool) are set and reviewed for each tranche of funding.
3. Implementation of Projects
Salix requires a minimum of four projects in the first fund instalment, which will be subject to minimum project values.
Priority is given to proven energy efficiency technology with a maximum of a 5 to 7.5 year payback period.
Preferred projects are those that deliver long term, cost effective CO2 savings.
Salix Finance Ltd is a not for profit company limited by guarantee and registered in
England and Wales
under Company
number
5068355
with its Registered Office at 65 Kingsway, London WC2B 6TD
