Public Works Loan Board
Lending to Drainage Boards
PWLB lends to drainage boards. 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 (259KB).
The completed form should be sent to the Board one week before the loan is required.
Details of the lending arrangements are set out in guidance note DB2 (338KB).
Indicative repayment costs on fixed rate loans are available here.
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