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What the credit crunch means to you

Article Date: Sep 08 2008

BT asked Sven Jirgal, the commercial leader from GE – Capital Solutions, a BT Finance partner, to help explain what the credit crunch really means and how it can affect your business.

Currently less money is being offered to businesses for loans and overdrafts, and when it is, it will be at a higher interest rates, due to the "credit crunch".

Finance through leasing is a method of funding, which keeps cash in the business rather than tied up in depreciating assets.

So during this period of economic nervousness BT and GE can help you retain your available capital and can offer fixed rate funding for your BT ICT requirements so the current market conditions do not impact on your business efficiency and growth objectives.

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