# Revolving Credit Facility

> Tender notice from UK public-sector procurement sources.

## Key facts

- Public buyer: [Loughborough University](/buyers/loughborough-university/contract-awards)
- Tender value: £1,050,000
- Published: 24 April 2024
- Planned start: 19 February 2025
- Planned end: 31 January 2030
- Stage: open_tender
- Procurement category: services
- Notice ID: f33a5079-8340-4382-acb2-705a70882a7c-743802
- OCID: ocds-b5fd17-8b8cdeba-58a8-488a-a81d-799fb3f63f7d

## Description

The University currently has a £50 million RCF that expires in January 2025\. The RCF provides a source of short-term liquidity to manage the University's cash flow cycle\. The University is committed to integrating sustainability practices into its operations and seeks a financing solution that incentivises further progress towards its sustainability goals\.

## Related contract awards

- [LU00925 The Provision of an Estates Consultancy Framework](/contracts/ocds-b5fd17-2096fb80-4484-4d3b-989e-ec90f2a94561): Loughborough University
- [The Provision of Loughborough University Student Accommodation \(LUSA\) Development](/contracts/ocds-b5fd17-2774abb5-ebb3-49dd-a6e7-e4c017f547b8): Loughborough University
- [The Supply of Ironmongery and Sundries for Loughborough University Stores](/contracts/ocds-b5fd17-16c8e21e-1e88-4670-9e4e-d474e815bbcb): Loughborough University

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/f33a5079-8340-4382-acb2-705a70882a7c-743802)