Development Bank of Wales
Development Bank of Wales is a Welsh Government-owned bank.
What is the Development Bank of Wales?
“The Development Bank of Wales is a subsidiary of the Welsh Government set up to support the economy of Wales by making it easier for businesses to get the finance needed to start up, strengthen and grow.”
View in the company profileWho can you help?
“We're here to help businesses based in Wales or willing to relocate.”
View in the company profileWhat type of finance do you offer?
“We offer both loans and equity investment for businesses. Because of our flexibility, we are able to provide a mixture of loans and equity together including mezzanine, a hybrid of loans and equity financing.”
View in the company profileDo you offer grants?
“No, we make commercial loans and investments only. However, our finance can work alongside grants to help you get the right level of funding you need.”
View in the company profileHow much can my business apply for?
“The Development Bank of Wales can offer loans ranging from £1,000 - £5 million per round for businesses. We can also offer equity investment from £50,000 up to £5 million per round.”
View in the company profileWhat are your interest rates?
“We always aim to keep our interest rates competitive. For more information see our interest rates page.”
View in the company profileWhat is your complaints procedure?
“Information on how to make a complaint can be found here.”
View in the company profile