Award

Agreements for the Start-Up Loans Company's Business Support Partner services

THE START-UP LOANS COMPANY

This public procurement record has 1 release in its history.

Award

28 Apr 2023 at 10:35

Summary of the contracting process

The Start-Up Loans Company has awarded contracts for Business Support Partner services under the Start Up Loans scheme. The procurement involved up to 16 contracts across the UK, with different partners covering specific regions or specialisms. Each contract is for an initial term of 24 months, extendable up to 24 months. The contracts have a total value of £18,026,000 and were awarded on April 1, 2023, following an open procedure.

This tender provides opportunities for SMEs to participate in providing credit broking services to support early-stage businesses. Businesses in the loan brokerage services industry, especially those with experience in supporting start-ups and early-stage businesses, would be suited to compete in this tender. The services cover various regions in the UK, creating a diverse range of business opportunities for eligible suppliers.

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Notice Title

Agreements for the Start-Up Loans Company's Business Support Partner services

Notice Description

The Start-Up Loans Company has conducted a procurement to establish agreements for 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. The procurement was made up of 15 Lots, with a total of up to 16 contracts available to deliver Business Support Partner Services: some Business Support Partners will cover the whole of the UK; others will be responsible for specific regions within the UK; and others will be specialists covering the whole of the UK, focusing on applicants with specific characteristics that fall under one of the specialisms. 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).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5dd931ea-0b34-49dd-9835-c0b1f6f01084
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c671e6da-b742-43f8-9e6d-7495d2440f91
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66190000 - Loan brokerage services

Notice Value(s)

Tender Value
£18,026,000 £10M-£100M
Lots Value
Not specified
Awards Value
£18,026,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
28 Apr 20232 years ago
Submission Deadline
31 Mar 2023Expired
Future Notice Date
Not specified
Award Date
31 Mar 20232 years ago
Contract Period
1 Apr 2023 - 31 Mar 2027 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
THE START-UP LOANS COMPANY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SHEFFIELD
Postcode
S1 2GQ
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLF East Midlands (England)

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
9
Supplier Names

BUSINESS & ENTERPRISE FINANCE

CAPITALISE BUSINESS SUPPORT

DSL BUSINESS FINANCE

ENTERPRISE LOANS EAST MIDLANDS

NORFOLK AND WAVENEY ENTERPRISE SERVICES

SWIG FINANCE

THE ENTERPRISE FUND

THE PRINCE'S TRUST

X-FORCES (XF

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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