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BETAThis is a new independent transparency project, not an official government website. The data is sourced from public registers and may contain errors, so always verify against the official source. If you find a problem, please report it here.
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:
| Supplier | Identifier | Award Value | Lots Won | Cross-References |
|---|---|---|---|---|
| UAB CREDITONLINE | Procurement ID: PQXN-8723-CLCD | £4,973,032 | 1 lot Lot 1 | - |
Taken from this notice, not from Companies House. Check the original notice — details change and are not updated here.
This procurement was divided into 1 lots, each awarded separately. 7 bids were received in total.
| Lot | Value | Bids Received | Awarded To | Status |
|---|---|---|---|---|
| Lot 1 Sept 2026 – Sept 2031 | £4,900,000 | 7 | UAB CREDITONLINE | pending |
Notices published under the Procurement Act 2023 name every bidder, including unsuccessful ones.
| Bidder | Bid on | Outcome |
|---|---|---|
| UAB CREDITONLINE | Lot 1 | Won |
Weightings from the notice.
Changes the buyer published to this notice after it first appeared.
This addendum has been issued to reflect an amendment concerning the legal entity. In addition, an indicative price range has been provided to support bidders’ understanding.