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    ContractsLoan Management System for UK Small Business Finance
    Awarded contract

    Loan Management System for UK Small Business Finance

    Awarded
    £5m
    Published 17 Aug 2026

    British Business Bank seeks a Loan Management System to enable FCA-approved direct lending operations and support its growing Start Up Loans scheme across the UK.

    🇬🇧United Kingdom· Yorkshire and the HumberPublished 17 Aug 2026· 2 months agoviaFind a Tender
    Awarded
    £5m
    Published 17 Aug 2026

    Decision brief

    4 fields
    • Contract value
      £4,973,032
      Pounds sterling
    • Closing date
      Not published
      No closing date published
    • Sector
      Financial Services
      Browse related listings
    • Location
      🇬🇧United Kingdom
      Yorkshire and the Humber

    Suppliers

    1 supplier
    • UC
      UAB CREDITONLINE
    Lead contractor

    Lifecycle

    Awarded

    Contract awarded. Originally published 2 months ago.

    17 August 2026
    Awarded — no open tender advertised

    Brief

    The British Business Bank, the UK's economic development bank, is seeking a comprehensive Loan Management System (LMS) to support its expansion into direct lending operations. The system must manage the complete loan lifecycle for the Start Up Loans scheme, including disbursement, servicing, collections, and recoveries. The British Business Bank provides debt finance to help individuals start and grow early-stage businesses across the UK. The new LMS must be capable of supporting both current wholesale partnership models and future direct lending operations, with the British Business Bank's subsidiary requiring FCA approval as a direct lender. Suppliers should demonstrate experience in financial systems that can handle high transaction volumes, regulatory compliance, and integration with existing internal and external platforms. This is a strategic opportunity for vendors to support the Bank's mission to improve access to finance for UK SMEs.

    Track record

    10 awards · 9 winners
    Open field

    No single supplier dominates the field.

    In financial services, British Business Bank has awarded 10 contracts to 9 suppliers.

    Who wins here
    1. Government Actuarys Dept2× · 20%
    2. QUALCO UK1× · 10%
    3. Killik & Co LLP1× · 10%
    4. UAB CREDITONLINE1× · 10%
    5. EQUIFAX LIMITED1× · 10%
    6. DELOITTE LLP1× · 10%

    +3 more suppliers

    Across financial services, the most active winners are ARTHUR J GALLAGHER INSURANCE BROKERS LTD, ECCLESIASTICAL INSURANCE OFFICE PUBLIC LIMITED COMPANY, ALLPAY LTD — the field to beat, or your route in as a partner.

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    Take action
    View on sourceFind a Tender

    Award notice and full record on the publisher's site

    Publisher
    UK Cabinet Office
    Licence
    OGL v3.0
    Source
    find-tender.service.gov.uk
    Record ID
    ocds-h6vhtk-0679c4

    Your fit

    Could you win the next one?

    This went to UAB CREDITONLINE. Sonar reads British Business Bank's work like this against your business — who holds it, and whether you could compete or partner next time.

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    BB
    Buyer
    British Business Bank
    Sector
    Financial Services