Development Bank of Wales — Micro Business Loans

Who can apply

A summary of the main rules, not the full list. Development Bank of Wales (Welsh Government) decides who is eligible, so read their guidance before you apply. The free scan checks these against your own business.

• Business based in Wales (a business willing to relocate to Wales can also apply)

How to apply, in brief

You apply yourself through the Development Bank of Wales online application portal (portal.developmentbank.wales), reached via the "Apply now" button after the online eligibility checker. The Bank's business finance team then contacts you to discuss next steps and request supporting documents before making a decision. This is a repayable loan (£1,000–£100,000), not a grant — there is no written proposal to score, so it is assessed on your business plan and financials. You can also start by calling 0800 587 4140 (Mon–Fri 8:30am–5pm) or via the contact form, and free application support is available through Business Wales.

1. 1Confirm this is the right product (it's a repayable loan)
2. 2Check eligibility with the online checker
3. 3Start your application in the online portal
4. 4Prepare and attach your supporting information
5. 5Submit, then speak with the business finance team
6. 6Accept terms and receive the funds

How long a decision takes: Fast Track micro loans: a decision in two working days once all information has been received. Standard micro loans: no decision timeframe is published — the Bank states a decision is made "once all the information is complete," so it depends on how quickly you supply documents. Enquiry forms are answered within two working days.

The full guide, with what to do at each step, the official link for it and a draft to work from, is part of the £19.95 report.

Common questions

Is Development Bank of Wales — Micro Business Loans open for applications?

Yes. It is open for applications, with no fixed deadline.

How much is Development Bank of Wales — Micro Business Loans worth?

£1,000 to £100,000. It is a loan (repayable), and the funder decides what each applicant receives.

Who runs Development Bank of Wales — Micro Business Loans, and where is it available?

Development Bank of Wales (Welsh Government) runs it. It is available in Wales.

How do I apply for Development Bank of Wales — Micro Business Loans?

You apply yourself through the Development Bank of Wales online application portal (portal.developmentbank.wales), reached via the "Apply now" button after the online eligibility checker. The Bank's business finance team then contacts you to discuss next steps and request supporting documents before making a decision. This is a repayable loan (£1,000–£100,000), not a grant — there is no written proposal to score, so it is assessed on your business plan and financials. You can also start by calling 0800 587 4140 (Mon–Fri 8:30am–5pm) or via the contact form, and free application support is available through Business Wales.