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Our local government lending offer

Our local government lending offer

We support regionally significant projects across the UK by offering low cost, flexible lending, directly to local government. Projects benefit from an independent review, helping authorities progress their projects with confidence.

Eligible projects are typically complex, innovative and higher risk due to the construction, operational or commercial delivery approach, or the revenue streams or financing structure. This includes structures and lending facilities that aggregate a number of smaller projects to investment scale.  

Our local authority lending must meet the first two of our investment principles:

1. The investment supports the government's growth and clean energy missions

2. The investment is intended to deliver a positive financial return  

Projects that meet our criteria normally have a borrowing requirement of above £15m.

Why speak to us

Low cost, flexible finance

  • borrow at gilts + 0.4% (typically 0.4% below the Public Works Loans Board (PWLB))
  • drawdown and repay flexibly to align with project cashflows or other sources of income available to the borrower, meaning the project does not need to be revenue generating in itself

Independent project review

  • benefit from an independent view on a project’s viability
  • understand, manage and mitigate project risk through targeted due diligence and financial structuring
  • access to sector expertise from across NWF, bringing commercial best practice to the project.  

If you would like to discuss your project and explore how we may be able to assist, please contact the team

If you have a project that you would like to discuss with us please get in touch