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SOUTH WEST INVESTMENT GROUP (CAPITAL) LIMITED has floated a tender for South West Loans Fund Ii. The project location is United Kingdom and the tender is closing on 22 Apr 2020. The tender notice number is , while the TOT Ref Number is 42133739. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.
Procurement Summary
Country : United Kingdom
Summary : South West Loans Fund Ii
Deadline : 22 Apr 2020
Other Information
Notice Type : Tender
TOT Ref.No.: 42133739
Document Ref. No. :
Competition : ICB
Financier : Self Financed
Purchaser Ownership : -
Tender Value : Refer Document
Purchaser's Detail
Purchaser : SOUTH WEST INVESTMENT GROUP (CAPITAL) LIMITED
Lowena House TRURO TR49NY England
United Kingdom
Email :finance@swigcapital.co.uk
Tender Details
Title : South West Loans Fund Ii
Location Of Contract : South West
Industry : Financial and insurance services - 66000000
Value Of Contract : £1.0m
Description : South West Investment Group (Capital) Limited wishes to appoint a fund manager to manage the South West Loans Fund II which will provide loans to small and medium-sized businesses which cannot obtain their full lending requirements from other financial sources. The Fund will provide loans of between £25, 000 and £250, 000 in the following Local Economic Partnership areas - Heart of the South West LEP, West of England LEP, Gloucestershire LEP, Dorset LEP, Swindon and Wiltshire LEP. For fund modelling purposes it is expected that an initial investment of £5.73m plus reinvestment of returns will be invested in 180 businesses at an average of £60, 000 over a five year period.
Published Date : 13 March 2020
Closing Date : 22 April 2020
Documents
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