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<blockquote data-quote="Courier" data-source="post: 6084344" data-attributes="member: 868"><p>HSBC - Wouldn't spit on them if the head office was on fire.</p><p></p><p>We used to have our farm business account with them (Never had a LTV at more than 30%).</p><p></p><p>We got planning permission, DNO connection and finance in place for 2 x 250 kWh 71 metre high wind turbines in spring 2012 all we needed from HSBC was for them to release less than 1% of their whole farm charge but they wouldn't even acknowledge the Certified of Planning Permission.</p><p></p><p>Long story but we eventually got an offer from Lloyds and we commissioned 1st turbine in Dec 2014 after the FIT reduced by 10% every 6 months from 2012 so the viability was becoming near borderline.</p><p></p><p>HSBC effectively reduced our project from £6m output with building costs of £1.5m down to £2m with building costs of £0.9m. ( Disregarding running costs)</p></blockquote><p></p>
[QUOTE="Courier, post: 6084344, member: 868"] HSBC - Wouldn't spit on them if the head office was on fire. We used to have our farm business account with them (Never had a LTV at more than 30%). We got planning permission, DNO connection and finance in place for 2 x 250 kWh 71 metre high wind turbines in spring 2012 all we needed from HSBC was for them to release less than 1% of their whole farm charge but they wouldn't even acknowledge the Certified of Planning Permission. Long story but we eventually got an offer from Lloyds and we commissioned 1st turbine in Dec 2014 after the FIT reduced by 10% every 6 months from 2012 so the viability was becoming near borderline. HSBC effectively reduced our project from £6m output with building costs of £1.5m down to £2m with building costs of £0.9m. ( Disregarding running costs) [/QUOTE]
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