VS Group has trebled in size after being awarded a £49.9k loan by Business Finance Solutions from the £3m North West Fund for Micro Loans to expand their voluntary services telecommunications business.
Since receiving the loan earlier this year VS Group turnover is on target to hit £1m, creating eight new jobs at its offices in Spinningfields and now has over 400 clients including Law Centres, Bluebell Children’s Hospice and the Police Treatments Centre.
Established in 2012 by Director Kevin Penman, VS Group specialises in providing low cost communications solutions to the voluntary services and charity sectors. They work with partners to offer lower prices and bespoke communications solutions that enable charities to keep costs down across call charges, line rental, hardware and Cloud storage.
Over the last three years VS Group has saved its charity customers over a million pounds worth of costs. The company has also held and supported many fundraising events, which have enabled them to help smaller charities obtain start up equipment.
Kevin says: “In a sector where every penny counts, any cost-saving that charities make can be saving or improving lives. Thanks to the loan from the Micro Fund we have been able to really expand our team in operations, telesales and engineering, enabling us to reach even more organisations with our unique savings and service
“Our proposition means that we can help charities looking to reduce their current telecommunications costs, as well as upgrading and improving their existing telecoms infrastructure. Having now successfully implemented solutions for over 400 charities, our mission is to become the number one choice for telecommunications services for charities in the UK.”