Estimated Value
Up to £4,973,032
Deadline
8 May 2026
Published
17 August 2026
Type
Not specified
Overview
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.
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Award Details
UAB CREDITONLINE
£4,973,032
Likely incumbents
Suppliers who won similar work from this buyer in the last 5 years.
- 1
Deloitte LLP
2 contracts wonlatest 27 Jul 2026ends 9 Aug 2027£495,000
total awarded
- 2
Mediaworks UK Limited
2 contracts wonlatest 27 Mar 2026ends 13 Oct 2028£4m
total awarded
- 3
I3Works Ltd
2 contracts wonlatest 27 Mar 2026£304,499
total awarded
- 4
Diligent Boardbooks Limited
1 contract wonlatest 17 Sept 2026£129,639
total awarded
- 5
Wagstaff Bros.,Limited
1 contract wonlatest 17 Sept 2026£70,000
total awarded
Deloitte LLP is the most likely incumbent based on recency and category match. To win, bidders typically need a clearly differentiated proposition or a price advantage.
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Buyer Profile
British Business BankKey Dates
Published
17 August 2026
Submission deadline
8 May 2026
Notice type
award
Source
find a tender
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