GreenFi Loans Reviews

GreenFi Loans provides reliable financing solutions with positive customer reviews, emphasizing transparency and efficient loan processing for borrowers.

Here are the Trustpilot Reviews from GreenFi Loans:

Here are the Reviews from GreenFi Loans:

I opted to sign up for an Aspiration account mainly because I was attracted by their ATM fee refunding program. Overal I am pretty satisfied with their service and fees until they changed their terms of business. Whats more they can make their mobile app much more functional. It is useful but pretty simple.

Ivailo Georgiev

I've been with Aspiration (now GreenFi) since the start of the year and the customer service is virtually non existent. I sent an email with a question on 13 January and never received a response. To get the answer, I then called customer service, which wasn't able to give me the most basic info. On April 16, I pointed out in an email that I never received an answer to my first email, and expressed the hope that I would get an answer to a new question. In response to that... I got an answer to my first question (which I'd already figured out by going to my old bank), not my second. When I pointed that out in an April 8 email that response was... silence. Even if I love the cause, the card, the app, I'm in the market for a new green bank because I think a customer deserves customer service.

MA Marylene

The customer service Representative was great efficient and helpful. However I'm not pleased how my disputes are being handled. I was incarcerated at the time the unauthorized charges were made. I'm not understanding you gave me credit for the small amounts but not the larger ones How can you approve one and deny the others when they all were apart of the same claim

Earnest Hall

I really appreciate the staff, Sonny in particular. He was so kind, helpful and solved my issue very quickly. Aspiration is a great banking service and their app functions very well. I only wish they would add some features like overdraft protection. I also think it's very admirable that you care about the environment. Instead of plastic cards maybe come out with a cool recycled material card made out of some unique plastic or salvaged wood. I think that will bring your "green" esthetic full circle. Just a few suggestions!

Missy

I've had an account with Aspiration for several years now. And it's been fantastic. With the low fees and green efforts I feel good in keeping my monies with them. One negative it IS an online bank s o no branches and they have only basic banking (e.g., no loans, CD's) available. Regardless, I've never regretted banking with them. Customer service has always been great in helping answer questions and resolve issues.

Leigh Jamgochian

This is a great bank and company, with all the values I look for as a consumer. Help the planet, help people and do it all while aligning your money with your values.Plus the perks and APR are quite nice too.

JP Jennifer Powell

Explore GreenFi Loans' Finance Solutions:

Green Business Term Loan

£10,000 – £500,000

Renewable Asset Finance

£25,000 – £2,000,000

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Explore GreenFi Loans' Finance Solutions:

Loan Type:

Green Business Term Loan

Loan Range:

£10,000 – £500,000

Loan Terms:

6 months to 5 years

Minimum Turnover and Trading Age:

Minimum 12 months trading and £100k annual turnover

Interest Rate:

7.9% – 19.9% APR (representative 12.4%)

Fees:

2% arrangement fee; no early-repayment fee

Loan Type:

Renewable Asset Finance

Loan Range:

£25,000 – £2,000,000

Loan Terms:

1 to 7 years

Minimum Turnover and Trading Age:

24 months trading; £250k turnover

Interest Rate:

5.5% – 12.0% flat p.a.

Fees:

Documentation fee £295; options for balloon payment; early settlement fee 2%

Loan Type:

Working Capital Revolving Credit Facility

Loan Range:

£5,000 – £150,000

Loan Terms:

3 to 24 months (renewable quarterly)

Minimum Turnover and Trading Age:

9 months trading; £80k turnover

Interest Rate:

1.25% – 3.5% per 30-day drawdown (variable)

Fees:

1% utilisation fee; £150 annual facility fee

Loan Type:

Selective Invoice Finance

Loan Range:

£25,000 – £1,000,000

Loan Terms:

Up to 120 days per invoice

Minimum Turnover and Trading Age:

£200k annual turnover; 12 months trading

Interest Rate:

0.8% – 2.5% discount fee per 30 days

Fees:

Arrangement fee 0.5% of facility; transaction fee 0.3% per invoice

Loan Type:

Green Bridging Loan (Commercial Property)

Loan Range:

£100,000 – £5,000,000

Loan Terms:

3 to 18 months

Minimum Turnover and Trading Age:

Information not publicly available

Interest Rate:

0.75% – 1.30% per month (interest retained)

Fees:

2% arrangement fee; exit fee 1%; valuation and legal fees payable

Loan Type:

Electric Vehicle (EV) Fleet Finance

Loan Range:

£20,000 – £1,000,000

Loan Terms:

1 to 5 years

Minimum Turnover and Trading Age:

18 months trading; £150k turnover

Interest Rate:

5.9% – 11.5% APR

Fees:

Arrangement fee 1.5%; option-to-purchase £10 per vehicle (for hire purchase)

More About GreenFi Loans

GreenFi Loans Ltd is a UK fintech lender established in 2018, specialising in sustainable finance solutions for small and medium-sized enterprises (SMEs). It offers a range of loan products via an online platform, focusing on businesses aiming to improve their environmental impact. The lender operates under the regulation of the Financial Conduct Authority, providing secured and unsecured financing suited to established UK-registered companies. GreenFi Loans may appeal to firms seeking eco-friendly funding options and digital application convenience. You can explore more about GreenFi Loans reviews and see a broader list of UK lenders.

Key Features of GreenFi Loans Ltd

GreenFi Loans combines specialist environmental focus with practical digital tools to support SME borrowers. Its feature set provides users with clarity, speed, and additional advice to navigate green finance challenges.

End-to-end online application portal with e-signature functionality for quick submissions
Real-time loan tracking via a dashboard and a mobile app compatible with iOS and Android devices
Support from dedicated sustainability advisors and a knowledge hub focused on green projects
API integrations with accounting systems like Xero, QuickBooks, and Sage to ensure seamless data sharing
Soft-search pre-qualification tool that does not impact your credit score

Funding Eligibility

You may qualify for GreenFi Loans products if your business has been trading for a minimum period, starting at 6 months depending on the loan type, and meets certain turnover thresholds. The company serves only UK-registered limited companies and LLPs, excluding certain sectors such as gambling and tobacco. Proof of an environmental benefit or sustainability plan is typically required for best terms. For further guidance, see our detailed business loan qualification guide and explore alternative finance eligibility.

Loan Options

GreenFi Loans offers a variety of financial products designed to support different business needs with a green focus. The loans range in amounts, durations, and interest rates, catering mainly to established SMEs with environmental objectives.

Green Business Term Loan – £10,000 to £500,000; 6 months to 5 years; representative APR of 12.4%; unsecured borrowing up to £250,000; requires a sustainability plan and minimum 12 months trading.
Renewable Asset Finance – £25,000 to £2,000,000; 1 to 7 years; flat interest rate between 5.5% and 12.0% p.a.; asset acts as security; 2 years minimum trading required.
Working Capital Revolving Credit Facility – £5,000 to £150,000; terms from 3 to 24 months renewable quarterly; variable interest 1.25% to 3.5% per 30-day drawdown; flexible redraws; business must have 9 months trading.
Selective Invoice Finance – £25,000 to £1,000,000; up to 120 days per invoice; discount fees between 0.8% and 2.5% per 30 days; confidential, single invoice funding suitable for B2B.
Green Bridging Loan (Commercial Property) – £100,000 to £5,000,000; 3 to 18 months; monthly interest from 0.75% to 1.30%; supports property acquisitions or refurbishments with environmental improvements.
Electric Vehicle (EV) Fleet Finance – £20,000 to £1,000,000; 1 to 5 years; APR between 5.9% and 11.5%; finances electric or plug-in hybrid vehicles including charging infrastructure.

How to Apply

The application process is fully digital and designed for speed and convenience. Expect decisions quickly when submitting complete documentation and complying with eligibility checks.

Submit your application online via the GreenFi platform with e-signature for faster processing
Provide required documents including recent bank statements, filed accounts or management accounts, and environmental impact statements where needed
GreenFi performs soft credit searches and may request additional verifications on sustainability credentials
Upon approval, contracts are signed electronically and funds are typically released the same day for term loans

Funding Agent's view on GreenFi Loans Ltd

GreenFi Loans offers a specialised suite of funding options for UK SMEs focused on environmental initiatives. The lender suits established businesses prepared to demonstrate sustainability efforts and provide personal guarantees. Its digital platform and dedicated advice provide a streamlined experience for borrowers targeting the green economy. However, it may not be ideal for new startups or those outside the environmental scope. For further comparison and to check if you qualify, visit our loan eligibility resources and financing options overview.