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Loan Management System

WAC ID:581125
Public SectorActive28 days left
Source:Find a Tender Service (FTS)
Buyer:British Business Bank
Main Category:Services
Procurement Method:Competitive flexible procedure
Tender Status:Active
Estimated Value (ex. VAT):£4,900,000
Estimated Value (inc. VAT):£5,880,000
Release Date:10 April 2026
Application Deadline:8 May 2026
Enquiry Deadline:23 April 2026
Contract Start Date:14 September 2026 (Estimated)
Contract End Date:15 September 2031 (Estimated)
Contract Duration:5.1 years
Procurement ID (OCID):ocds-h6vhtk-0679c4🔒 BidWriter
Notice Reference:032999-2026🔒 BidWriter

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Contracting Authority

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Organisation

British Business Bank

Steel City House, West Street, Sheffield, S1 2GQ

Contact Name:Commercial and Procurement Services
Contact Email:contact@authority.gov.uk
Website:https://procurement.authority.gov.uk
Organisation ID:GB-PPON-XXXX-XXXX

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Submission Details

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Tender Submission Deadline:8 May 2026
Enquiry Deadline:23 April 2026
Electronic Submission:Yes

Submission Instructions

https://www.delta-esourcing.com/...

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Description

The British Business Bank is the UK’s economic development bank, with a mission to make finance markets work better for smaller businesses. BBB typically operates on a wholesale basis, partnering with lenders within the existing financial ecosystem to increase the supply, diversity, and regional reach of finance available to UK SMEs. The Start Up Loans scheme (SUL) provides debt finance in the form of a personal loan, to help individuals to start or grow their early stage businesses, driving sustainable growth and unlocking potential. Without SUL, many aspiring entrepreneurs would not be able to secure the finance and support to start and grow their businesses. The operating model utilises a mix of internal platforms and external service providers to support the full loan lifecycle - including disbursement, servicing, collections and recoveries. To support future growth, we are preparing to deliver direct lending operations. As part of this, we are seeking FCA approval for a subsidiary of the British Business Bank to become a direct lender and therefore need to procure a comprehensive Loan Management System (LMS) capable of fully supporting this operating model. Tenderers are also directed to the Specification for the Project Requirements, as set out in Appendix 6 (Specification) of the Invitation To Participate (ITP). To respond to this opportunity, please click here: To access the Procurement Specific Questionnaire: https://www.delta-esourcing.com/respond/825FNUH6AP To access the tender documentation: https://www.delta-esourcing.com/respond/V725K345VT

CPV Classifications3 codes — click to expand
66100000Financial and insurance services
66110000Financial and insurance services
66120000Financial and insurance services

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Application Deadline

8 May 2026

28 days left

Estimated Value

£4,900,000

WAC Reference

WAC-581125

Updated daily

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