Affordable financial services products: No Interest Loan Scheme (NILS) and innovative affordable finance solutions
We are seeking partners to co-design, pilot and then scale up innovative affordable finance products targeted at people in vulnerable circumstances. The first pilot is a no interest loans scheme to be delivered in six locations across England, NI, Scotland and Wales. The Treasury backed NILS pilot is an opportunity to improve credit provision for customers who don't currently have access to a fair credit option who are excluded from credit because of they cannot afford the interest and the principal, but could affo...
Buyer
FAIR4ALL FINANCE LIMITED
Value
£90,000,000
Published
1 Dec 2021
Closes
14 Feb 2022
Procurement details
Source
Find a Tender
Region
Tower Hamlets
Procurement method
Open
Category
Services
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
66000000
Financial and insurance services
Lots
Lot 1 Lot 1. Wales
Value not provided
Please see details contained within the procurement documents.
Delivery: Wales
Lot 2 Lot 2 - Scotland
Value not provided
Please see details contained within the procurement documents.
Delivery: Scotland
Lot 3 Lot 3 - Northern Ireland
Value not provided
Please see details contained within the procurement documents. Additional information: Please see details contained within the procurement documents.
Delivery: Northern Ireland
Lot 4 Lot 4 - England - London (A)
Value not provided
Please see details contained within the procurement documents. Additional information: Please see details contained within the procurement documents.
Delivery: London
Lot 5 Lot 5 - England (Any location) (B)
Value not provided
Please see details contained within the procurement documents. Additional information: Please see details contained within the procurement documents.
Delivery: North East (England), North West (England), Yorkshire And The Humber, East Midlands (England), West Midlands (England), East Of England
Lot 6 Lot 6 - England (Any location) (C)
Value not provided
Please see details contained within the procurement documents. Additional information: Please see details contained within the procurement documents.
Delivery: North East (England), North West (England), Yorkshire And The Humber, East Midlands (England), West Midlands (England), East Of England
Lot 7 Lot 7 - All three English Locations (A-C) (should include London)
Value not provided
Please see details contained within the procurement documents. Additional information: Please see details contained within the procurement documents.
Delivery: North East (England), North West (England), Yorkshire And The Humber, East Midlands (England), West Midlands (England), East Of England
Lot 8 Lot 8 - All geographic lots 1-6 covering all four locations and smaller loans delivered nationally
Value not provided
Please see details contained within the procurement documents. Additional information: Please see details contained within the procurement documents.
Delivery: United Kingdom
Lot 9 Lot 9 - Future innovative affordable finance solutions
Value not provided
Please see details contained within the procurement documents. Additional information: Please see details contained within the procurement documents.
Delivery: United Kingdom
Documents
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