Current status: Answered by Jenny Gilruth on 14 April 2022
To ask the Scottish Government, regarding the Switched-on Taxi Loan Scheme, how many (a) applications it has received and (b) loans have been approved, and what the total value of loans issued is, to date.
The Scottish Government through Transport Scotland provide annual funding to Energy Saving Trust (EST) to deliver the Switched-on Taxi Loan scheme on behalf of Scottish Ministers.
a) To date the Switched-on Taxi Loan scheme has received 920 applications with a value of £37,822,348.
b) To date the Switched-on Taxi Loan scheme has offered 662 loans worth £22,859,952 to taxi owners and operators who have passed the credit, affordability and eligibility checks. Owners/operators who are unsuccessful are given the opportunity to appeal the decision directly with EST.
c) To date Switched-on Taxi Loan scheme has paid 574 applications to the value of £22,859,952. The remaining 88 applicants are finalising documentation or awaiting confirmed delivery dates for their new vehicles.