Development Bank of Wales

The Development Bank of Wales aims to provide sustainable, effective finance to Welsh businesses or those will to relocate.

Formerly known as Finance Wales it has supported businesses since 2001. It has directly invested £0.5 billion into Welsh businesses and attracted £0.6 billion of private sector investment. Together this has boosted the Welsh economy by over £1.1 billion. Over the next five years, the Bank will invest over £400 million. Through its subsidiary company FW Capital is provides finance to the wider UK and currently manages funds in the North of England.

Launched in 2017 the Development Bank of Wales helps businesses get the capital they need to start up, strengthen and grow. There’s funding available for businesses at every growth stage. Finance ranges from £1,000 up to £5 million with both loans and equity available repayable on terms of up to 10 years.