---
title: "Revolving Credit Facility"
ocid: "ocds-h6vhtk-0454ce"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0454ce"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0454ce.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0454ce.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "LOUGHBOROUGH UNIVERSITY"
published: "2024-04-24"
---

# Revolving Credit Facility

Buyer: LOUGHBOROUGH UNIVERSITY  
Current stage: Tender  
OCID: ocds-h6vhtk-0454ce

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0454ce)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-0454ce.json)

## Summary

The University is seeking a revolving credit facility, valued at GBP 1,050,000, to manage its cash flow cycle before its current facility of GBP 50 million expires in January 2025. The University is dedicated to integrating sustainability practices and is pursuing financing that aligns with its sustainability goals. The procurement is for credit granting services in the services category, with a submission deadline of May 31, 2024. Loughborough University in Loughborough, UK, is the buying organisation responsible for this open procedure tender.

This opportunity for a revolving credit facility with a focus on sustainability presents a chance for financial firms providing credit granting services, particularly those with experience in sustainable finance, to compete. The University's emphasis on sustainability opens avenues for businesses committed to promoting environmentally friendly practices through financing solutions. Small or medium enterprises (SMEs) with a track record in sustainability-focused financing could find this tender appealing and well-suited for business growth.

## 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.

### Lot Information

Lot 1

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.

Options: 5 years + 1 year +1 year

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/013281-2024 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| 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 | Not specified |
| 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 | Active |
| 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 11:05 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/013281-2024

## Notice URLs

- https://www.bipsolutions.com
- https://www.delta-esourcing.com/respond/7376RDN4V8
- https://www.delta-esourcing.com/tenders/UK-UK-Loughborough:-Credit-granting-services./7376RDN4V8

## 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-h6vhtk-0454ce. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0454ce.json.