Helping Centurion Travel Ltd Operate Within the Bath Clean Air Zone

Posted On: 24 August 2021 Industry: Business

Finance Need: Bath Clean Air Zone Scheme is designed to help reduce nitrogen dioxide (NO2) pollution in Bath town centre. The scheme provides local businesses with a desire to reduce their emissions with finance support to reduce the costs of transitioning to cleaner vehicles.

 

The Situation: Centurion Travel Ltd, a local coach operator, required replacement coaches to reduce their emissions and cost of operating within the Clean Air Zone.

Currently, businesses operating non-compliant vehicles in Bath’s Clean Air Zone must pay a daily emissions charge when travelling in and out of Bath.

Under the scheme, businesses can replace their diesel buses and coaches with Euro 6 compliant units and benefit from subsidised finance and a deposit contribution in the form of a grant.

To qualify, an existing non-compliant vehicle is tracked over a period of three months to assess the benefits of replacing it with a compliant vehicle to avoid charges. Where feasible, retrofitting to Euro 6 is also supported by the scheme.  

 

What Arkle did: In partnership with the introducer (Anglo Scottish Asset Finance) and the local authority, we provided finance for three vehicles under scheme, including a 2017 Irizar i6. The finance facility was supported by Bath & North East Somerset Council by way of a subsidy which delivered an interest-free finance facility over a seven-year term.

 

Arkle comment: Arkle Finance was pleased to help this family-run business to reap the benefits of running a more modern fleet, including reduced downtime, better economy, and in turn, continued value for their customers. The Bath Clean Air Zone is a scheme which we are delighted to support, and we look forward to assisting many more environmentally conscious and responsible clients.

Helping Centurion Travel Ltd Operate Within the Bath Clean Air Zone

This finance has provided a boost for the business

I am grateful for the support from Arkle Finance, Anglo Scottish and Bath & North East Somerset Council, which has provided us with suitable vehicles for operating within the Clean Air Zone. This finance has provided a boost for the business and could also provide a source of further business opportunities as more Clean Air Zones begin to operate.

Steven Spiller, Director at Centurion Travel Ltd
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