Development Bank of Wales Business Loans
Development Bank of WalesWales£1k – £10m
Who can apply
Businesses based in Wales or willing to relocate to Wales can apply for flexible commercial loans from £1,000 to £10 million; lending is subject to assessment.
Key criteria
- The business must be based in Wales or willing to relocate to Wales.
What it funds
Flexible loans (and equity) from £1,000 to £10m for Welsh businesses — micro loans, growth capital, property and succession finance with patient terms.
How to apply
Direct application to the Development Bank; decision via regional investment executives.
Evidence you'll need
- Business plan
- Accounts / forecasts
- Statements
Last checked against the official source: 3 Jul 2026. Scheme parameters are set by the funder and can change — verify before applying, or let us do it for you.
Ask about eligibility
Plain-English answers about this scheme's published criteria — not application advice.
Related schemes
Growth Guarantee Scheme
British Business Bank
Successor to the Recovery Loan Scheme: government-backed guarantee enabling term loans, overdrafts and asset finance up to £2m for smaller UK businesses through accredited lenders.
Business Growth West Midlands Programmes
West Midlands Combined Authority
Regional business-support service for West Midlands SMEs with funded advice and periodic capital/revenue grant programmes (historically £2.5k-£100k waves) for growth, decarbonisation and digital projects.
GC Business Growth Hub Programmes (Greater Manchester)
Greater Manchester Combined Authority / Growth Company
Fully funded advice plus periodic match-funded grants (commonly £1k-£10k waves) for Greater Manchester SMEs covering growth, digital, net-zero and manufacturing improvement.