---
title: "Revolving Credit Facility"
ocid: "ocds-b5fd17-8b8cdeba-58a8-488a-a81d-799fb3f63f7d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-8b8cdeba-58a8-488a-a81d-799fb3f63f7d"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-8b8cdeba-58a8-488a-a81d-799fb3f63f7d.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-8b8cdeba-58a8-488a-a81d-799fb3f63f7d.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "LOUGHBOROUGH UNIVERSITY"
published: "2024-04-24"
---

# Revolving Credit Facility

Buyer: LOUGHBOROUGH UNIVERSITY  
Current stage: Tender  
OCID: ocds-b5fd17-8b8cdeba-58a8-488a-a81d-799fb3f63f7d

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-8b8cdeba-58a8-488a-a81d-799fb3f63f7d)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-8b8cdeba-58a8-488a-a81d-799fb3f63f7d.json)

## Summary

The University is seeking a financing solution for a £50 million RCF that expires in January 2025, aiming to integrate sustainability practices. The procurement process, led by Loughborough University in Loughborough, UK, is currently in the tender stage. The industry category is credit granting services, with a total contract value of £1,050,000. The deadline for tender submission is 31st May 2024, and the contract period is scheduled from February 19, 2025, to January 31, 2030.

This tender provides opportunities for businesses, especially those in the services sector, that can offer financing solutions with a focus on sustainability. Small and medium-sized enterprises (SMEs) are encouraged to participate in this open procedure tender. Loughborough University is actively seeking solutions that align with its sustainability goals and values, creating a platform for businesses to contribute to the university's strategic objectives.

## Notice

The University currently has a PS50 million RCF that expires in January 2025. The RCF provides a source of short-term liquidity to manage the University's cash flow cycle. The University is committed to integrating sustainability practices into its operations and seeks a financing solution that incentivises further progress towards its sustainability goals.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f33a5079-8340-4382-acb2-705a70882a7c |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 24 Apr 2024 |
| Submission deadline | 31 May 2024 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 19 Feb 2025 - 31 Jan 2030 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £1,050,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | LOUGHBOROUGH UNIVERSITY |
| Locality | LOUGHBOROUGH |
| Post town | Leicester |
| Postcode | LE11 3TU |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF2 Leicestershire, Rutland and Northamptonshire |
| ITL 3 | TLF22 Leicestershire CC and Rutland |
| Local authority | Charnwood |
| Electoral ward | Loughborough Ashby |
| Westminster constituency | Loughborough |
| Delivery location | TLF East Midlands (England) |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66113000 - Credit granting services

## Release History

- 24 Apr 2024 at 09:40 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/f33a5079-8340-4382-acb2-705a70882a7c

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/f33a5079-8340-4382-acb2-705a70882a7c
  24th April 2024 - Opportunity notice on Contracts Finder
- https://www.delta-esourcing.com/tenders/UK-UK-Loughborough:-Credit-granting-services./7376RDN4V8
  Please follow this link to view the notice.

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-8b8cdeba-58a8-488a-a81d-799fb3f63f7d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-8b8cdeba-58a8-488a-a81d-799fb3f63f7d.json.