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BT launches new finance scheme for SMEs

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Under the “KickStart” scheme, new businesses trading for under three years will be eligible for funding, subject to credit vetting. 

BT’s new scheme, run with Shire Leasing, aims to help small businesses raise funds in a challenging economic climate and to avoid having to rely on bank loans, overdrafts or credit cards. 

KickStart offers small businesses the opportunity to purchase a range of technology and telecoms products such as telephone systems, handsets, connection charges, software licences and IT equipment such as laptops. 

It’s open to all industry types and is offered at a fixed term, at a fixed rate. An average £3,000 loan will cost less than £20 per week and can be added to as the business grows. 

For more details, check out www.btlocalbusiness.co.uk

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