POSTFREE Project

Scroll is building an integrated point-of-sale finance platform for one of UK’s largest retrofit decarbonisation contractors

Scroll is proud to have partnered with Sustainable Building Services UK and Sustainable Energy Services UK, part of the Sustainable Group, to build a point-of-sale finance platform ‘Green Finance Hub’ for funding home retrofit decarbonisation projects.

Through the Green Finance Hub, Scroll will bolster its embedded lending tech capabilities and offer Sustainable Group’s ‘able-to-pay’ customers a range of financing options from a panel of lenders assembled by Scroll. Customers would be able to blend eligible government grants with loans through a seamless journey to fund retrofit measures.

The partnership will use the initial grant funding from the GHFA to (1) conduct consumer research, (2) map out the customer journey, (3) carry out UI/UX design the Green Finance Hub platform, and (4) develop partnerships with other lenders that wish to host their products on the platform.

Green Finance Hub

The Green Finance Hub is a point-of-sale finance platform for Sustainable Group customers to access a suite of funding options to meet the upfront cost of retrofitting their homes. As a user friendly and data-driven platform, Green Finance Hub will leverage data available with Sustainable Group to offer customers easy-to-understand funding options such as eligible government grant options and finance offers, all with minimal inputs. Customers can seamlessly blend grants with loan options to develop a bespoke finance package that meets their needs.

Scroll as a lender will look to offer its Green HELOC and home equity loan products through the platform. In cases where customers opt for finance products from other lenders Scroll will act as a broker.

Features of the Green Finance Hub:

Free-to-use platform for customers (product fees may apply depending on the lender).
Discounted retrofit packages offered by Sustainable Group based on a neighborhood aggregated demand model.
Project dashboard to give you a snapshot of your chosen retrofit package.
Tools such as finance calculators and grant wizard to check eligibility for national-level grants such as ECO (Energy Company Obligation), GBIS (Great British Insulation Scheme), and BUS (Boiler Upgrade Scheme). Local and regional level grants coming soon.
Large suite of private financing options from a diverse panel of lenders comprising of banks, building societies, fintech's, and speciality finance lenders.
FCA compliant financial advice.
100% digital process.

Proposed retrofit package from Sustainable Group

All PAS2035 energy efficiency and low-carbon heating measures to customers, following a PAS 2035 ‘Fabric First’ approach.
Aim to improve properties a to minimum EPC ‘C’ rating at a minimum, but with the point-of-sale financing options blended with public grant funding will allow consumers to undertake ‘deeper retrofit’ installations.
Where possible, partnerships with local or regional authorities will be followed in conjunction with an existing Sustainable Group social housing contract.
Dedicated customer service centre and website backed by retrofit and consumer qualified advisors on the ground.
Property solutions will also offer associated ‘building’ works to property owners to maximise impact or energy efficiency measures, providing costs time efficiencies and minimise disruption for households.
Bespoke advice to households depending on needs. This will include options to install other products, such as electric charging points, to consumers, and other advice on how to reduce household carbon emissions.
Installations by Trustmark and MCS accredited installers.
Wide range of pre and post install verification methods such as smart thermostats, EPC assessments, and consumer protections.

About Sustainable Group

Established in 1976, Sustainable Building Services is a turnkey solutions provider specialising in retrofit energy efficiency and decarbonisation works. The expert team takes charge of large-scale energy efficiency, microgeneration, and planned maintenance programmes for the UK’s best-known registered social providers, all geared towards enhancing the living conditions of thousands of people every year.

Experienced in delivering compliance at scale throughout the UK under PAS2030:2019 and PAS2035:2019, Sustainable Buildings Services provides improvements to thousands of mixed-tenure properties per year, including under the Social Housing Decarbonisation Fund, Sustainable Warmth Competition and Energy Company Obligation (ECO) schemes.

For more information, please visit https://www.sustainablebuildinguk.com

Expected pilot launch (pending Government approvals)

Following a six-month long discovery phase, Scroll and Sustainable Group expect to commence pilots in the first quarter of 2024. Pilot locations will be announced in due course.