The Contracting Authority is seeking to establish a multi-party framework agreement for External Loan Assessors. The successful framework members will be required to:
— Establish demonstrable repayment capacity to service the loan (evidence based);
— Determine Promoter knowledge in terms of skills/training on the sector being targeted (evidence based);
— Ascertain applicant credit history — demonstrated honourable credit history and evidence of arrangements with other Credit Institutions;
— Seek additional information from applicant either by way of email/telephone/letter;
— Schedule interview to establish:
• Viability of the business plan;
• Promoter skills;
• Business experience;
• Character and commitment;
• Motivation and ability to repay and determination to succeed.