Public Works Loan Board
Lending to Drainage Boards
PWLB lends to drainage boards. Details of the lending arrangements are set out in guidance note DB2 (50 KB). Applicants for loans will need a loan consent from the Department for Environment, Food and Rural Affairs (Defra). Applications should be made on form DB1 (144 KB). The completed form, with a loan consent, should be sent to the Board two weeks before the loan is required.
Indicative repayment costs on fixed rate loans are available here.
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