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Contract for the Administration of a Business Loan Fund In Staffordshire

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What the buyer wrote

The County Council working in partnership with the City Council, is seeking a Fund Manager to deliver loans to small businesses that have been unable to access finance from mainstream sources such as banks. The Fund Manager will offer loans of £10,000 to £50,000 across Staffordshire and Stoke-on-Trent. The loan capital will total approximately £1,500,000 with £750,000 from the Fund Manager £600,000 from the County Council, and approximately £150,000 from the legacy fund of the NSRCF). The City Council may also contribute up to £150,000. Additional information: The County Council is running this as an electronic tender. A user guide is attached to help you register on the SCC etenderi…

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Awarded to

Black Country Reinvestment Society Ltd£700kends (31 Dec 2018)

Details

What the buyer calls it
Contract for the Administration of a Business Loan Fund In Staffordshire
How they are buying
Advertised, open to anyoneAny supplier could bid without being invited first.
Type
services
Suitable for small firms
The buyer says yes. What that is worth
Work starts
1 Dec 2015
Work ends
31 Dec 2018

Who the buyer named

Sarah Lynn was the named contact on this notice.

commercial.team@staffordshire.gov.uk