Join our independent business network

How does Bristol Pound benefit Bristol?

Bristol Pound keeps our money circulating locally, from customer to business and from business to business. This is great for our city as it minimises the money that leaks out to credit card companies, outside suppliers, and big banks. Wealth is maintained in our city, building and enriching our local economy.

"It’s been good for our business in many ways. We benefit from a committed set of locals who like to spend often in £B. These are customers we’ve gained initially because we accept £B, who have then become regular, usually visiting weekly using text to pay or now the app. We’ve also had a lot of great cross promotion from the £B team on social media and in the directory."

John Drysdale @ Little Victories

How will joining Bristol Pound benefit my business?

Promotion:

Bristol Pound amplifies your brand by listing your business on the Bristol Pound app, website, in paper maps and directory. By working to market your brand to over 1500 individual account holders, it brings loyal and new customers to your business, clutching the beautiful paper notes and using the app, because they want to spend in line with their values.

  • Feature in our app, online directory and printed directory
  • All new members are promoted to our 23k + social media following in a series of posts
  • Feature in our blogs which are distributed to 2.5k+ in our mailing list and widely shared on social media

Networking:

Joining Bristol Pound is not just about using a local currency. You'll join a trusted network of businesses that share your values. Make the most of this network and reap the benefits.

  • Discover new partners, suppliers and trusted collaborators via our vibrant community of business members.
  • Gain access to our regular networking events including our bi-monthly Business Breakfasts and various evening events and workshops.
  • Understand who your VIP customers are - identify the people who really care about the sustainability of local independent businesses.

Access to £B lending:

Bristol Pound is operating a pilot loan scheme. A small number of limited scale loans of up to £B15,000 will be offered to qualifying members of the Bristol Pound scheme. Depending on the result of this pilot, we anticipate expanding the scheme and making it open for any business member to apply.

  • We lend Bristol Pounds at 0% APR
  • Borrow between £B1,000 and £B15,000, all at the 0% rate
  • This 0% Annual Percentage Rate (APR) is not affected by your credit score
  • Repayments are made in 12 equal installments over a period of 12 months
  • Instead of making the borrower pay for lending, we charge a “finders fee” to the members who benefit from the extra business generated through the loan.
  • This “finders fee” takes the form of a 5% transaction charge levied on all payments from the loan account.

See the lending page for more information.

Business Discounts:

Bristol Pound businesses work together to give each other the best deals possible. Bristol Pound business members receive the following discounts:

Better Business Bristol - 10% off membership when paid for in £B

  • Better Business is an initiative to help businesses thrive whilst creating a positive impact on Bristol and the people who live here.
  • Better Business can help by amplifying businesses’ voices, encouraging collaboration and finding ways that as a community we help solve some of the city’s problems.
  • Read our blog on why we're a part of Better Business Bristol

Destination Bristol - 10% off membership when paid for in £B

  • Feature on the popular VisitBristol.co.uk website which attracts in excess of 3million visitors per year
  • Gain marketing opportunities through their social media (150k followers), blogs and campaigns
  • Advertise your events and special offers through their website and social media

FSB - no joining fee for Bristol Pound businesses

  • Federation of Small Businesses is a leading business community, their mission is to help smaller businesses achieve their ambitions
  • Experts in business, they offer members a wide range of business services including advice, financial expertise, support and a powerful voice in government 
  • Bristol Pound businesses save £30. Contact us for a discount code

Do you have a discount for Bristol Pound business members? Let us know: [email protected]

Other Benefits:

  • Be the first to hear about interest free business lending (coming soon)
  • Benefit from zero transaction fees on app payments under £B5.
  • Free Point of Sale material to let your customers know you accept Bristol Pounds
  • Online banking facilities with innovative payment systems
  • Video training materials for staff
  • Personal support on how to use the payment system and spend on Bristol Pounds

"The accounting side of the process is simple, and I can pay suppliers easily with just a couple of clicks. I love the concept of keeping money circulating in the city by local people and businesses trading together."
Emily Sinclair @ Craftisan Shop

Where can I spend?

Over 800 businesses in and around the city accept Bristol Pounds, including cleaning, logistics, marketing, and printing companies, so there are sure to be options for spending your income. Bristol City Council also accept Bristol Pounds as payment for Business Rates, Market Rents and Council Tax, so you may have the option to spend on here.

How much will it cost? 

The standard transaction fee is 2%, with a minimum charge of 10p, on all app and text to pay transactions, with the exception of app payments under £B5 where there are no charges. Online transactions are lower at 1% with an upper limit of £0.95. There are no fees for banking cash (like with Sterling). Unlike the fees you pay with Worldpay and others that give you nothing in return; Bristol Pound fees help support the local economy and help you to market your business.

Join as a business

To open a Bristol Pound account your business must meet the following criteria:

  • Independent
  • Based in Bristol in or around Bristol (former Avon area) OR supplying goods or services with a minimum value of £1000 a year to the Bristol economy
  • Committed to supporting the values of the scheme

When you sign up to take Bristol Pounds, you need to open an account with Bristol Credit Union, our banking partner.

The form below will register your interest in opening an account and we'll be in touch with more details. 

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