Source: https://tendernation.io/opportunities/01a13c02-ce49-73e4-b96c-3bfb76aa4ac6/contract-for-the-administration-of-a-business-loan-fund-in-staffordshire

awarded GB open procedure Suitable for SMEs

# Contract for the Administration of a Business Loan Fund In Staffordshire

[Staffordshire County Council](https://tendernation.io/buyers/staffordshire-county-council)

Estimated value

£700,000

Published

18 Nov 2016

Deadline

Closed

9 Oct 2015

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Buyer says suitable for VCSEs

    The buyer ticked “suitable for voluntary, community and social enterprises” on the notice.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

[More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses)

## About this tender

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 Â£10,000 to Â£50,000 across Staffordshire and Stoke-on-Trent. The loan capital will total approximately Â£1,500,000 with Â£750,000 from the Fund Manager Â£600,000 from the County Council, and approximately Â£150,000 from the legacy fund of the NSRCF). The City Council may also contribute up to Â£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 etendering portal

## CPV classification

Loan brokerage services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/cb434769-adc8-11e6-9901-0019b9f3037b)

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