We are accredited under Phase Three of the Recovery Loan Scheme – find out more here.

FW Capital

SMEs have great potential which we want to unlock.

What we do

FW Capital provides flexible finance to dynamic businesses in the North and South West of England as well as the whole of Wales.

We’re a specialist in SME finance and we deliver a number of investment funds set up to help businesses thrive.

We can support businesses in the following ways:

  • Loans from £100,000 to £2m to support growth and expansion.
  • Property development loans from £250,000 to £7 million.


Visit our Get business finance section to see our range of finance available.


A strong track record

We’ve been providing finance since 2010, building up a strong track record in helping local businesses access the capital they need. 

In that time we’ve successfully delivered funds resulting in a £270.7 million injection of cash into the northern economy.

We work closely with Local Enterprise Partnerships, business support agencies, intermediaries and other funders and have an established business network across the UK.

Funds we manage

FW Capital is currently managing a number of funds:

  • The £107.2 million Northern Powerhouse Investment Fund for the North West of England launched in 2017.
  • The £69.4 million Northern Powerhouse Investment Fund for Cumbria and Tees Valley launched in 2017.
  • The £20 million North East Property Fund launched in 2017.
  • The £10 million Tees Valley Catalyst Fund launched in 2013 which closed to new applications on 31st March 2023.
  • The £35 million North East Commercial Property Investment Fund launched in 2023. 
  • The £19 million SWIF- FW Capital Debt Finance fund, part of the South West Investment Fund, launched in 2023.
  • The £45 million North West Fund for Loans Plus launched in 2010, which replaced the North West Fund for Business Loans. This fund is now fully invested.
  • The £30 million IFW - FW Capital Debt Finance fund, part of the Investment Fund for Wales, launched in 2023.

For more information see our funds we manage page.


Part of the DBW Group

FW Capital is part of the DBW Group (formally the Finance Wales Group).

The DBW Group consists of the Development Bank of Wales and Angels Invest Wales.