[email protected] 01483 94 94 94

Commercial
Development
Finance

Key Product Features

  • Lending to 60% Gross Development Value
  • Loans from £1,000,000 to £5,000,000
  • Build duration typically 12m to 24m

BLG provides commercial property finance to developers and business owners looking to build, convert, or renovate a commercial property. The lending market is geared to residential development finance, so the help of an independent finance broker is vital if you are to get the best terms.

We offer loans for commercial developments and projects located in England and Wales and areas with strong demand. There is no restriction on the number of units you intend to build, and loans are 100% secured on the development property.

BLG can support your commercial developments with finance for both commercial and mixed-use developments.

    How much commercial property lending can I access?

    Our commercial property finance offers:

    • Lending to 60% Gross Development Value or 65% if pre-let
    • Loans from £1,000,000 to £5,000,000
    • Lending for build duration of 12m to 24m

    Your monthly interest can be added to the loan, so you have no payments during the loan term.

      Lending for first time commercial developers

      We support commercial loans for first-time developers and can help you put the pieces in place you will need for your application. For a successful application, you should aim to reduce the lender’s risk by providing full details of the project and your team’s experience.

      It is crucial to have an exit strategy plan. However, while most commercial development funding is provided where there is a pre-let or pre-sale in place, BLG will offer speculative commercial development funding on specific property types and in certain areas.

      Commercial property finance from BLG

      BLG offers commercial development finance for building offices, industrial buildings, mixed commercial and residential buildings, and farm buildings. We provide commercial investment property loans for converting or refurbishing shops and pubs and purchasing land with commercial property planning in place.

      We seek to be competitive on pricing and consider every project on its individual merits. If you are considering a commercial property loan or a commercial development loan, call us today on 01483 94 94 94, and we will put you in touch with your local Regional Director. We will be happy to discuss your funding requirements.

      WHAT OUR CUSTOMERS SAY ABOUT US

      “I really appreciate your hard work. We really like the way you communicate & I must say I haven't seen many people who are that approachable.”

      “A very efficient processing team, dealing with the DD once deal credit approved, through to completion”

      “Many thanks for your efforts on this one and getting it approved and sorted so swiftly, very much appreciated. I am sure I will be speaking to your over the coming months.”

      “We had other funding options, but chose to use BLG again, as we work well with Tracey Abbott, who always provides very clear information and advice and welcomed you and your teams friendly approach throughout the funding process. Very efficient and always very helpful.”

      “Many thanks Anil, it’s been a real pleasure working with BLG so far.  We’re lining up the next project too”

      “We would recommend all staff we have dealt with at BLG, as we are very satisfied with Tracey and the initial offer/terms presented, then you and the funding team, through to the draw down team at valuation stage.”

      “All documents are clear and the way you keep Clients informed, all the way along the funding process, is refreshing for us”

      “With regard to what should be improved at BLG, we work with many lenders in our business and we do not get the help and response we have had on the two projects with all at BLG on our Funding for our developments.”

      “We would particularly mention Dave Edwards and Tom Pitts as being central to having a smooth working relationship and being positive and helpful at all times. Their guidance in helping us navigate the project from inception to completion was invaluable. As was their patience, particularly at the beginning. We look forward to many future projects with the BLG team.”

      “We would like to express our appreciation for your support on our development in Bristol. We were very pleased that, from the outset, you shared our vision of the project to convert a dated but classical building, that had outlived its usefulness as a school, into unique luxury apartments with views overlooking the city. We found our dealings practical and streamlined. Monthly payments were processed in an efficient and timely manner.”

      “BLG are very good at communicating with Clients and all documents are very clear and all at BLG are always happy to help.”

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