Develop North PLC is an investment company that provides a portfolio of fixed rate loans, primarily secured over land and/or property in the United Kingdom. It also invests in financial assets consisting of loans, making investments mainly through senior secured loans as well as other loans such as bridging loans, subordinated loans, selected loan financings, and other debt instruments. The company was formerly known as TOC Property Backed Lending Trust Plc and changed its name to Develop North PLC in May 2022. It was incorporated in 2016 and is based in Newcastle upon Tyne, the United Kingdom.