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Dentistry practice goes “green” thanks to RBS funding • Park Dental Care install new environmentally friendly heating system • New boiler expected to produce cost savings and generate income of £2,400 per year through RHI scheme • Funding provided by RBS using Government-based Funding for Lending loan Above: Tim Webber, Principal Dental Surgeon at Park Dental Care Park Dental Care is a private dental practice based in central Nottingham. Established in 2005, the clinic offers a full range of preventative dental services to its patients as well as tooth whitening and orthodontics. The practice has recently joined the government’s Renewable Heat Incentive (RHI) - a scheme designed to financially reward those businesses who use renewable energy to heat their buildings. As a result the organisation has purchased and installed a new eco-friendly heating system in its premises which is more energy efficient, will reduce fuel bills and will generate an estimated additional income for the company of £2,400 a year. The Royal Bank of Scotland (RBS) provided Park Dental Care with a £20,000 fee free loan to fund the project. Lending was provided in the form of a fee free loan under the Government backed Funding for Lending Scheme (FLS). Tim Webber, Principal Dental Surgeon at Park Dental Care said: “As with most businesses, we are always looking at more efficient ways to run the business that will help us to reduce our expenditure, generate income and lower our environmental impact. “When we discovered the energy and cost-saving benefits of the new boiler and the income it could generate we were amazed and knew that it was something we needed to implement within the practise.” “The funding we have received from RBS enabled us to pay for the purchase and installation of the new system. Their support has been brilliant, offering us a fee free loan which has made borrowing much more affordable.” “The support of RBS has been brilliant, offering us a fee free loan which has made borrowing much more affordable.” Tim Webber, Principal Dental Surgeon, Park Dental Care To find out more For further information, please contact your Relationship Manager www.rbs.co.uk/business Kevin Stewart, Senior Relationship Manager at RBS Healthcare Banking added: “We are pleased that we have been able to support Tim and the team at Park Dental Care with this project. As a bank we always try to support our customers to make investments that will improve the longevity of their business and this project is no exception.” Please note that the Funding for Lending Scheme cannot be applied to overdrafts or business credit cards. This is a limited scheme and will be available on a first come first served basis. Usual lending conditions apply. Structured Finance and Real Estate Finance are excluded. Security may be required for which a fee may apply. Over 18’s only. ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER DEBT SECURED ON IT The Royal Bank of Scotland plc. Registered Office: 36 St Andrew Square, Edinburgh EH2 2YB. Registered in Scotland No. 90312. CS100714
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