Loan Management System
Buyer: British Business Bank
- Published
- 17 August 2026
- Estimated value
- £4,973,032
- Place of performance
- UK
- Procedure
- Open procedure
- Lots
- 1
- Notice number
- 078055-2026
- Reference
- ocds-h6vhtk-0679c4
- Official source
- Official source
CPV codes
- 66100000Banking and investment services
- 66110000Banking services
- 66120000Investment banking services and related services
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.
Awards
| Awarded to | Amount | Date |
|---|---|---|
| UAB CREDITONLINE | £4,973,032 | 17 August 2026 |
Official publications
- FTS · 078055-2026 · 17 August 2026
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £4,973,032.
- Who is the buyer of this tender?
- The contracting authority is British Business Bank (United Kingdom).
- How can I bid for public tenders in the United Kingdom?
- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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