Tender

Loan Management System

BRITISH BUSINESS BANK

This public procurement record has 1 release in its history.

Tender

31 Mar 2026 at 14:57

Summary of the contracting process

The British Business Bank, headquartered in Sheffield, is currently at the tender stage of procuring a Loan Management System (LMS) as part of its transition to becoming a direct lender. The tender, titled "Loan Management System", falls under the services category and relates to banking and investment services. Interested parties should submit their response through the open competitive flexible procedure by the deadline of 8th May 2026. The procurement process is intended to commence that September. The enquiry period ends on 23rd April 2026, indicating a swift timeline for engagement in the United Kingdom's financial landscape.

This tender presents significant opportunities for parties within the banking and investment services sector, particularly those aiming to grow in the UK market. The procurement encourages small and medium-sized enterprises (SMEs) to compete, promoting social value, in addition to quality and price assessments. A successful bid would enable a business to support the British Business Bank in making finance markets work better for smaller businesses, enhancing regional reach and diversity in UK finance. Businesses with expertise in integrated lending operations, particularly those capable of delivering a comprehensive LMS, would find this tender an excellent prospect for expanding their market presence.

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How relevant is this notice?

Notice Title

Loan Management System

Notice Description

The British Business Bank (BBB) 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. Start Up Loans (SUL) provides debt finance to support working capital and growth for the smallest and earliest stage businesses, driving sustainable growth and unlocking potential. Without SUL, BBB would be unable to support many entrepreneurs requiring the right type of finance to start and grow their businesses. Under the current operating model, SUL relies on a complex internal technology landscape combined with significant dependence on third party systems for loan disbursement, servicing, collections, and recoveries. This reliance restricts BBB's ability to scale and to deliver a fully integrated and efficient lending operation. BBB therefore will become a direct lender and seek to procure a comprehensive Loan Management System (LMS) capable of fully supporting the organisation's transition to inhouse lending operations. 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

Lot Information

Lot 1

Renewal: The contract will be for 5 years with the option to extend for an additional period of up to 2 years

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0679c4
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/029908-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Competitive flexible procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

66110000 - Banking services

66120000 - Investment banking services and related services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
31 Mar 20263 days ago
Submission Deadline
8 May 20262 months to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
14 Sep 2026 - 15 Sep 2031 Over 5 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
BRITISH BUSINESS BANK
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
Not specified

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Open Contracting Data Standard (OCDS)

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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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