# What do lenders usually ask for when an MSME borrows to buy electric vehicles?

Canonical: https://senseible.earth/answers/ev-fleet-loan-what-lenders-ask

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.

- [Switching to electric two-wheelers](https://senseible.earth/answers/switch-delivery-fleet-to-electric-two-wheelers)
- [Green loan principles](https://senseible.earth/answers/green-loan-principles-explained)

Sources: [Loan Market Association, Green Loan Principles (lma.eu.com)](https://www.lma.eu.com), [GHG Protocol Corporate Standard](https://ghgprotocol.org/corporate-standard)

Last reviewed 2026-10-22.