What do lenders usually ask for when an MSME borrows to buy electric vehicles?
Expect vehicle quotations, registration plans, a charging plan and the business case. For green labelling, lenders want the use of proceeds tied to the vehicles and a way to report the result, usually kilometres run and diesel or petrol displaced.
Usually asked
- Dealer quotations and vehicle specifications.
- Where and how vehicles will charge.
- Current fuel bills for the vehicles being replaced.
After disbursement
Track kilometres and charging units each month. Comparing with the old fuel bills gives the emissions saved.
What Senseible does here
Senseible builds a bill-backed emissions record with the source on every line, the evidence a lender's credit team can check.
Sources: Loan Market Association, Green Loan Principles (lma.eu.com), GHG Protocol Corporate Standard
Last reviewed 2026-10-22.