A boost for SMEs: 0% finance on telecoms equipment

nandf_news_lg_telecom.jpg

In an economy in which SMEs continue to find it difficult to get affordable finance, BT’s Local Business branches and Shire Leasing have teamed up to add a 0% interest offering to the finance portfolio.

Officially launching this month the scheme is aimed at established SMEs and will be available for those looking at selected systems from the Quantum, Avaya or Mitel product ranges.

The success of SMEs is fundamental to economic growth. Whilst they are pragmatic, adapting to new circumstances, right now they face a number of challenges, in particular access to affordable finance. The 0% interest option being offered by BT and Shire Leasing is an appealing solution.

The opportunity to package the scheme was subject to a competitive tendering process. Chris Hobson, National Account Manager at Shire Leasing and part of the team responsible for bringing the scheme to market, attributes their success to being an independent as well as both a funder and a broker. “We have a certain ‘agility’ that many major funders struggle to replicate. This is a fantastic opportunity for us and, needless to say, we’ll be seizing it with both hands!

“We already have a communications plan in place and will be doing all we can to help the Local Business branches promote this initiative for as long as it lasts.”