Agreements for the Start-Up Loans Company’s Business Support Partner services

Description

The Start-Up Loans Company has conducted a procurement to establish agreements for Business Support Partners for the Start Up Loans scheme. Business Support Partners will be responsible for providing credit broking services for personal loans for applicants who are preparing to start-up or are an early-stage business. The procurement was made up of 15 Lots, with a total of up to 16 contracts available to deliver Business Support Partner Services: some Business Support Partners will cover the whole of the UK; others will be responsible for specific regions within the UK; and others will be specialists covering the whole of the UK, focusing on applicants with specific characteristics that fall under one of the specialisms. Each contract is for an initial term of 24-months, with a maximum of two extensions of up to 12-months each available (i.e. a maximum extension period of up to 24 months).