FW Capital: products, terms and eligibility

FW Capital is a UK provider of unsecured business loans. The legal entity named on its site is FW Capital Limited, company number 07078439. It is based in Wrexham. It gives its founding year as 2010. It is part of Development Bank of Wales Group.

FW Capital says it has been providing finance since 2010 and is part of the Development Bank of Wales Group, which also includes the Development Bank of Wales and Angels Invest Wales. It provides SME finance in the North of England, the South West of England and Wales, through regional investment funds that it manages. It lists offices in Billingham, Bristol, Cumbria, Liverpool, Manchester, Newcastle upon Tyne, Preston and Wales, and says it works with local authorities, business support agencies, intermediaries and other funders.

In its own words on scale:

• Says the funds it has delivered have resulted in a £382 million injection of cash into the northern economy (figure on its site in October 2026).

Everything on this page comes from what FW Capital publishes itself. We show the date we last checked it, and we do not rate or rank lenders.

FW Capital publishes 5 products for UK businesses. The table above gives the amounts and terms as it states them.

Loans for growth

FW Capital says finance is available to businesses with the potential to grow in the areas of its regional funds, which include the Northern Powerhouse Investment Fund II, South Yorkshire Debt Fund, North East Elevate Fund, South West Investment Fund and Investment Fund for Wales. Each fund has its own location and use-of-funds criteria. Loan size, security and repayment terms are set out on individual fund pages that were not read.

Property development loans (North East Property Fund)

Short-term loans of £250,000 to £1 million for property development costs, for up to 2 years, available in Northumberland, County Durham, Gateshead, Newcastle upon Tyne, North Tyneside, South Tyneside and Sunderland.

Commercial property development loans (North East Commercial Property Investment Fund)

Loans of £1 million to £7 million for commercial developments, with repayment terms up to five years, available in the same North East areas as the Property Fund.

FW Capital says its finance is used for:

• Business growth
• Bidding for contracts
• Buying a business
• Property development
• Commercial property development

What it says it does not fund:

• Says certain sectors are excluded and asks businesses to contact FW Capital for details
• Finance generally cannot be used to refinance existing lenders

FW Capital publishes these criteria. Meeting them does not mean an application will be accepted: every lender makes its own decision.

• Small or medium-sized enterprise (at least two of: turnover up to £36 million, balance sheet up to £18 million, up to 250 employees).
• Based in a fund’s area, such as Cheshire, Cumbria, Greater Manchester, Lancashire, Merseyside, South Yorkshire, the North East, Bristol/Gloucestershire/Wiltshire/Bath and North East Somerset, or Wales.
• Established businesses; start-ups may be supported in certain circumstances.
• Finance generally cannot be used to refinance existing lenders.

FW Capital describes its process like this:

1. Check which fund covers the business’s location and purpose.
2. Confirm the business meets the SME definition.
3. Provide a business plan and some financial information.
4. Intermediaries can contact FW Capital to be put in touch with one of its investment team.

Information it says it asks for:

• Business plan
• Financial information

Every application is subject to status and the lender’s own criteria at the time.

An unsecured business loan is a fixed sum repaid in instalments over an agreed term, without a charge over a specific asset. Most lenders still ask the directors for a personal guarantee, which makes them personally liable if the company cannot repay.

Lenders price each loan on the business’s trading history, turnover and credit profile, so the offer you receive can differ from the published range. Compare the total cost in pounds and the repayment pattern, not only the headline rate: our guide on how to compare business loan lenders shows how.

Points FW Capital publishes that are worth knowing:

• Each fund has its own location and use-of-funds criteria.
• Certain sectors are excluded; the site asks you to contact FW Capital for details.
• Property funds are aimed at construction and property development companies.
• Not available across the whole UK; funding is by region.

FW Capital’s site states: “FW Capital Limited is registered in England and Wales (Company No. 07078439). Registered office: Unit J, Yale Business Village, Ellice Way, Wrexham LL13 7YL. FW Capital Limited is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 506719).”

Protections differ by borrower type and loan size. Most lending to limited companies is not regulated consumer credit, so read the agreement and ask the lender what applies to you.

Other providers of unsecured business loans with profiles here include Got Capital, Kingsway Finance and LendingCrowd. Each profile uses that lender’s own published terms.

The full list, grouped by product type, is in our directory of UK business lenders.

Capzy is a credit broker, not a lender, and gets paid by the lender. One application lets your business compare options across lenders, so you can weigh this kind of facility against the alternatives. You can check your funding options with a soft search that does not affect your credit score. A full application to a lender may involve a hard search, and any offer is subject to status and lender criteria.