Published date: 31 May 2023

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 30 May 2023, 12am

Contract summary

Industry

  • Loan brokerage services - 66190000

Location of contract

Any region

Value of contract

£7,680,000

Procurement reference

BIP784774147

Published date

31 May 2023

Closing date

30 May 2023

Closing time

12am

Contract start date

1 June 2023

Contract end date

31 March 2027

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

The Start-Up Loans Company has conducted a procurement to establish two agreements for National Business Support Partners for the Start Up Loans scheme. Business Support Partners will be responsible for providing credit broking services for personal loans for applicants who are preparing to start-up or are an early-stage business. National Business Support Partners will cover the whole of the UK. Each contract is for an initial term of 24-months, with a maximum of two extensions of up to 12-months each available (i.e. a maximum extension period of up to 24 months).

More information

Links

Award information

Awarded date

30 May 2023

Contract start date

1 June 2023

Contract end date

31 March 2027

Total value of contract

£7,680,000

This contract was awarded to 2 suppliers.

Biz Britain

Address

96 High Street
Marlow
SL7 1AQ

Reference

None

Supplier is SME?

Yes

Virgin Start Up

Address

66 Porchester Road
London
W2 6ET

Reference

None

Supplier is SME?

Yes

About the buyer

Address

Steel City House
West Street
Sheffield
S1 2GQ
UK

Telephone

+442039051462

Email

procurement@british-business-bank.co.uk