Lendology CIC Joins Crown Commercial Service's RM6322 Fund Administration and Disbursement Services (FAADS) DPS

We are thrilled to announce that Lendology CIC has been selected as a supplier on Crown Commercial Service’s (CCS) RM6322 Fund Administration and Disbursement Services (FAADS) Dynamic Purchasing System (DPS). This exciting development marks a significant milestone for Lendology CIC, as it opens up new opportunities to provide our services and support to the public sector, while offering maximum commercial value. 

Empowering Individuals and Communities Through Accessible Lending Solutions 

At Lendology CIC, our mission is to empower individuals and communities by providing accessible and affordable lending solutions. For over two decades, we have been working in close collaboration with local councils to improve the private sector housing stock. Our focus is on enabling home repairs, adaptations, and renewable energy measures, ensuring that everyone has access to a safe and comfortable home that meets their unique needs. 

Unlike traditional lenders, we believe in making lending decisions for people, not relying on algorithms or credit scores. This people-centric approach ensures that our financing solutions are designed to benefit homeowners and the communities they reside in. By working with local councils, we strive to transform homes and lives, reducing fuel poverty and establishing the vital link between health and homes. 

Partnering with Crown Commercial Service 

The inclusion of Lendology CIC as a supplier on CCS’s RM6322 FAADS DPS means that new local government partners can ease the procurement of Lendology’s services.  Lendology CIC are currently in talks with over 40 local councils across the UK who are keen to establish their own lending schemes.  Whether targeted at retrofit and energy efficiency measures, landlords and empty properties, or general homeowner loan repairs, Lendology CIC work in close partnership with new councils to understand their private sector housing policy and develop a bespoke lending scheme to achieve its aims. 

“We are delighted to be selected as a supplier on Crown Commercial Service’s RM6322 Fund Administration and Disbursement Services,” said Emma Lower, CEO at Lendology CIC. “Procurement has been a challenge with onboarding new partners and now that the lending service can be tendered on Crown Commercial Services, the procurement process has become a lot smoother”. 

Lendology CIC – A Social Enterprise Making a Difference 

As a social enterprise lender, Lendology CIC operates with a clear purpose – to make a positive and lasting impact on people’s lives and the communities they call home. Our longstanding partnerships with local councils reflect our dedication to fostering strong and collaborative relationships, creating real change where it matters most. 

About Crown Commercial Service (CCS) 

CCS supports the UK public sector in achieving value for money when procuring common goods and services. In the financial year 2021/22, CCS facilitated commercial benefits amounting to £2.8 billion, further supporting world-class public services and maximizing taxpayer value. 

For more information about Crown Commercial Service (CCS), please visit their website at www.crowncommercial.gov.uk