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 (70 KB). Applicants for loans will need a loan sanction from the Department for Environment, Food and Rural Affairs (Defra). Applications should be made on form DB1 (217 KB). The completed form, with a loan sanction, should be sent to the Board approximately two weeks before the loan is required.
Indicative repayment costs on fixed rate loans are available here.
Useful External Links