Funds we manage

Find out more about the different funds we manage.

 

Live funds

How big is the fund?    

We manage the £75 million Northern Powerhouse Investment II – Debt Finance fund, part of the £660 million Northern Powerhouse Investment Fund II.

Where does the money come from?    

The Northern Powerhouse Investment Fund II is part of the Nations and Regions Investment Funds launched by the British Business Bank which are delivering a £1.6 billion commitment of new funding to drive sustainable economic growth.

What are the terms?    

Loans are available from £100k to £2m on terms of 1 to 5 years.  Interest rates vary according to our assessment of the risk and the security available.

Who can apply?    

Businesses based in the North of England, who are looking for finance to grow, with a focus on Cheshire, Cumbria, Greater Manchester, Lancashire and Merseyside.

BBB IFW

 

 How big is the fund?    

We manage the £19 million SWIF- FW Capital Debt Finance fund, part of the £200 million South West Investment Fund.

Where does the money come from?    

The South West Investment Fund is the first in a series of new Nations and Regions Investment Funds being launched by the British Business Bank which will deliver a £1.6 billion commitment of new funding to drive sustainable economic growth.

What are the terms?    

Loans are available from £100k to £2m on terms of 1 to 5 years.  Interest rates vary according to our assessment of the risk and the security available.

Who can apply?    

Businesses based in the South West of England, who are looking for finance to grow, with a focus on Bristol, Gloucestershire, North and North East Somerset and Wiltshire.

 

SWIF

 

How big is the fund?    

£20m but the fund can reinvest returns with the aim to invest £60m.

Where does the money come from?    

The North East Property Fund is backed by the North East Local Enterprise Partnership.

What are the terms?

Loans from £250,000 to £2m for residential and non-speculative commercial developments. The North East Property Fund can provide up to 100 percent of build costs for suitable schemes with repayment terms available up to two years. 

Who can apply?    

Construction and property development companies who have schemes in County Durham, Northumberland and Tyne & Wear. The Fund can support: 

  • New housing developments 
  • New office, industrial and warehouse developments
  • Refurbishment projects
  • Phased development schemes
  • Mixed use developments

NEPF

How big is the fund?    

£35m but the fund can reinvest will be lent out up to 3 times over the 15-16 year life of the fund, creating a lifetime fund loan facility of £105m.

Where does the money come from?    

The North East Commercial Property Investment Fund is backed by the North East Local Enterprise Partnership. The Fund was launched to address a gap in the market and facilitate the delivery of new commercial property development projects that support employment creation and economic growth in the North East LEP area.

What are the terms?

Loans from £1m to £7 m for speculative and non-speculative commercial developments. The North East Commercial Property Investment Fund can provide up to 100 percent of build costs for suitable schemes with repayment terms available up to five years. 

Who can apply?    

The fund is available to construction companies and property developers looking to build projects in the seven local authority areas of the North East:

Northumberland, County Durham, Gateshead, Newcastle upon Tyne, North Tyneside, South Tyneside and Sunderland. The fund can support:

  • Refurbishment schemes
  • Mixed use schemes
  • New office, industrial and warehouse developments
  • Phased developments

CPIF logo

How big is the fund?    

We manage the £30 million IFW - FW Capital Debt Finance fund, part of the £130 million Investment Fund for Wales, launched in 2023.

Where does the money come from?    

The IFW is one of a series of Nations and Regions Investment Funds being launched by the British Business Bank which will deliver a £1.6 billion commitment of new funding to smaller businesses across the UK. 

What are the terms?

Loans are available from £100k to £2m on terms of 1 to 5 years.  Interest rates vary according to our assessment of the risk and the security available.

Who can apply?    

The fund can help businesses who are based in Wales and have the potential to grow. 

If your business isn’t based in Wales, but is either willing to relocate or will have a material presence in Wales as a result of the investment, then this should be sufficient.

CPIF logo

Development Bank of Wales

For other funds for businesses in Wales, please visit the Development Bank of Wales website.

Delivered funds

  • North East Growth Plus Fund
  • North West Funds for Loans Plus
  • Northern Powerhouse Investment Fund
  • Tees Valley Catalyst Fund

 

Other activities 

FW Capital also manages the Wales Management Succession Fund financed by Welsh Government and Clwyd Pension Fund.