A new challenge launched on October 1st is set to encourage everyone to support SMEs businesses throughout October.
The #BCRSSMEChallenge, launched by regional lender BCRS Business Loans, has been set up to support small and medium sized businesses (SMEs) that are struggling following the disruption coronavirus has had on normal trading conditions.
Launching via BCRS Business Loans’ social media channels, the campaign is initially asking people to accept the challenge, before setting simple weekly tasks from October 5th that everyone can get involved with.
The campaign is also designed to demonstrate how important SMEs are to the local community and economy, with estimates suggesting that spending £10 at a small business generates £50 in the local economy.
BCRS Business Loans has been supporting SMEs itself for over 18 years, lending over £62 million, and is currently an accredited lender for the Coronavirus Business Interruption Loan Scheme (CBILS).
The chief executive of BCRS Business Loans, Stephen Deakin, said:
“We are proud to be launching the #BCRSSMEChallenge on October 1st as a means of supporting small and medium sized businesses throughout October.
“The past six months have been incredibly difficult for SMEs due to the coronavirus and how it has disrupted normal trading conditions.
“We are asking everyone to accept our challenge, which will comprise of weekly challenges that will be shared on our social media channels.
“Although the weekly challenges have deliberately been designed to be easy, they will go a long way in supporting SMEs.
“And we are practicing what we preach. Not only are the whole team taking part in the challenge, but as an organisation we are also reviewing our suppliers and will make efforts to switch to local alternatives wherever possible.
“Besides accepting this challenge to benefit SMEs, doing so will result in truly unique experiences and help to reduce your carbon footprint for users.
To get involved with the #BCRSSMEChallenge, follow BCRS Business Loans on social media here: