WASTE PREVENTION LOAN FUND
EXPRESSION OF INTEREST FORM
The Waste Prevention Loan Fund (WPLF) is a limited fund established by WRAP to support the
introduction of innovative business models to reduce environmental impacts and increase re-use, repair
and recovery capacity in the following product categories:



textiles;
electricals; and
furniture.
Completing this form
 Please complete Section 1 “General”.
 Then complete either Section 2 or Section 3 depending on the type of business seeking funding.
 Enter your contact details
 Email the form to pam.golding2@wrap.org.uk.
We will contact you within five working days for a further discussion to gain a better understanding of
your plan and whether it aligns with WRAP’s objectives.
Section 1: General
Please delete ‘Yes/ No’ as appropriate
No
Question
Eligible
Ineligible
1.
Is the funding required for an asset purchase or working capital?
Yes
No
2.
Is the project based in England?
Yes
No
3.
Is the term of the loan less than 5 years?
Yes
No
4.
Is the funding required above £100,000?
Yes
No
5.
Is the funding required lower than £1,000,000?
Yes
No
6.
Is the project connected (directly i.e. a relative or indirectly i.e. an
interest held) to any individual employed by WRAP?
No
Yes
If all of your answers fall in the Eligible column please complete Section 2 or 3 as appropriate. If any of
your answers fall in the Ineligible column your loan will be declined.
Section 2: Financing for Innovative Business Models
Please delete ‘Yes/ No’ as appropriate
No
Question
1.
Are you switching business from direct product sales to a product service,
asset management or incentivised return system?
Is the business opportunity in one of the defined product categories
above? [If no, but there is a clear environmental benefit to your proposal
Will
thecontact
business
model be operated as a commercial activity?
please
WRAP]
2.
3.
Eligible
Ineligible
Yes
No
Yes
No
Yes
No
If all your answers in Section 2 fall into the Eligible column, the loan application can proceed to the next
stage. If most of your answers fall into the Eligible column, please contact WRAP to discuss your
opportunity.
Section 3: Finance for Re-use, Repair or Recovery
Please delete ‘Yes/ No’ as appropriate
No
Question
Eligible
Ineligible
1.
Is the project seeking to increase capacity for re-use, repair or recovery for
the defined product categories? [If no, but there is a clear environmental
benefit to your proposal please contact WRAP]
Yes
No
2.
Have you identified a source of products that will feed the additional
capacity?
Yes
No
3.
Have you identified a market for the products you will place onto market?
Yes
No
If all your answers in Section 3 fall into the Eligible column, the loan application can proceed to the next
stage. If most of your answers fall into the Eligible column, please contact WRAP to discuss your
opportunity.
Brief outline of your project (250 words)
Contact details
Your name
Your position
Company name
Contact telephone number
E-mail address
How did you hear about
the WPLF fund?
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