The Mid-Norfolk Railway is owned and operated by Mid-Norfolk Railway Preservation Trust, a registered charity, with finance for the development of the line coming through the commercial operation of the railway and specific funding appeals. The opening of the line was partly funded by a loan from Breckland District Council of £50,000, repayable over 20 years commencing April 2003 and a loan of £25,000, repayable over 18 years commencing June 2001, from South Norfolk District Council. A grant of £50,000 was made by Norfolk County Council, £25,000 from Breckland D.C. and £12,500 from South Norfolk D.C.