Are you in search of a loan for your commercial development project?

BLG specialises in offering commercial property financing solutions tailored to the needs of developers and business owners engaged in the construction, conversion, or renovation of commercial properties. Our comprehensive range of commercial development loans is available for projects located in England, Wales, and areas exhibiting robust demand.

One notable advantage of partnering with BLG is that we place no restrictions on the number of units you intend to create within your commercial development. This flexibility arises from the fact that our loans are fully secured, with a 100% collateral position on the development property, ensuring a solid financial foundation for your project.

Whether your commercial development encompasses mixed-use properties or fully dedicated commercial ventures, BLG is well-equipped to provide the necessary commercial property finance to propel your project forward. Our commitment is to empower you with the financial resources and support needed to bring your commercial vision to fruition.

12-24 months

Build duration typically between 12 and 24 months


Lending to 65% Gross Development Value


Loans from £1,000,000 to £10,000,000

Commercial Property Lending Conditions 

Our commercial property finance loans offer:

  • Lending to 65% Gross Development Value or 70% if pre-let.
  • Loans from £1m to £10m.
  • Lending for build duration typically of 12m to 24m, but longer terms can be considered.
  • Your monthly interest can be added to the loan, so you have no payments during the loan term.

Your Commercial Property Finance Application

We specialise in assisting clients with their commercial development loan needs, offering comprehensive support in assembling the essential elements required for a successful application. When seeking commercial property development finance, one key strategy to increase your chances of approval is minimising the lender’s perceived risk. Achieving this entails furnishing a thorough project dossier, complete with detailed information about the project itself and the experience of your team.

A critical aspect of your financing approach involves having a well-thought-out exit strategy. While it’s common for commercial development financing to be contingent on pre-lease or pre-sale agreements, BLG stands out by extending speculative commercial development finance options for specific property types and in select geographical regions. This means that even if you don’t have pre-existing lease or sale commitments in place, you may still have access to the funding you need to bring your commercial development aspirations to life.

Our goal at BLG is to provide you with the financial resources and expertise necessary to navigate the complexities of commercial development loans successfully. By proactively addressing risk factors, offering flexible financing solutions, and considering speculative projects, we aim to be your trusted partner in realising your commercial property development ambitions.

Commercial Property Development Finance From BLG

BLG extends a comprehensive array of commercial development finance solutions catering to various property types, including offices, industrial buildings, mixed-use commercial and residential structures, and farm buildings. Additionally, we offer property lending support for the conversion or refurbishment of shops and pubs, as well as land acquisition with existing commercial property planning in place.

Our commitment to providing competitive pricing in the realm of commercial property finance is unwavering. As a result, we approach each project individually, customising our financing solutions to align with the unique requirements of each endeavor. We understand that every project has distinct characteristics, and our tailored approach ensures that your financing package is optimised for success.

Should your financing needs extend beyond the realm of commercial properties, such as office blocks, shopping centers, apartment complexes, and industrial parks, rest assured that BLG also offers residential development finance. This residential financing segment encompasses four categories: stretch senior, build to let and mezzanine development finance. Contact a BLG to gain deeper insights into how we can support and enhance your next project, regardless of its nature. Your success is our priority.

What Is Commercial Development Finance?

Commercial development finance is a form of financing that is used to fund the costs associated with the construction, development, or renovation of commercial properties. It includes loans, grants, and other forms of public and private financing.

Who Typically Uses Commercial Development Finance?

Commercial development finance is often used by developers and investors who are in the process of purchasing, constructing, or renovating a commercial property. It can also be used by businesses that need funding for business expansion and renovation projects.

What Types Of Projects Can I Use Commercial Development Finance For?

Commercial development finance can be used to fund the development of a variety of different types of commercial real estate projects, including office blocks, shopping centres, apartment blocks, and industrial parks.

How Does Commercial Property Development Finance Work?

Commercial property development finance works by providing a loan to the borrower based on their anticipated future revenue from the project. The loan is typically drawn down in stages as different milestones of the project are completed and to cover the development costs, such as the purchase of land, construction, and other associated costs.

What Is The Cost Of Commercial Development Finance?

The cost of commercial development finance depends on a variety of factors, including the size and complexity of the project, the lender’s risk appetite, and the borrower’s creditworthiness.

Do I Need Planning Permission To Get Commercial Development Finance?

Yes, you will usually need to submit for planning permission before you can apply for commercial development finance. Any offer would then be subject to obtaining the planning permission. Any variation in the final planning approval would then potentially require a change in any loan offer. Obtaining planning permission is a lengthy process that involves submitting an application to the local authority and meeting local government regulations. It is important to ensure that your project has been properly planned and that you meet all the necessary requirements before applying for finance.

Contact Us Today


    “We have used BLG for development finance for over 8 years. During that time we have found their knowledge and expertise in the property development industry to be second to none. Their loan process, pragmatic and flexible approach to lending and flexibility when required has supported our business needs throughout the period and provided us with support to deliver new homes in Bristol and the surrounding areas.”

    “As property developers you never know the curve balls that you may get and a project that is great on paper may prove a bit more tricky.  This happened to us on a project that BLG have funded and throughout they have supported us.  Our business likes to be collaborative and when we hit those tough moments it really felt like we were working as a team with BLG.  If you have a decent project you can get it funded, but what you really need is a business that is there to support and advise you as well.  For us on this project it was BLG.”

    “I approached BLG Development finance with an opportunity I had in Chesham, Buckinghamshire, to build 5 new build houses in 2021. My main contact was Anil Bains who is a Director covering Asset Management. Within very quick timescales, BLG provided me with indicative quotes in regards the finance levels they could offer me. Having considered those levels, I requested a valuation to be carried out which again was dealt with swiftly. We proceeded to completion. The build went very smoothly with monthly monitoring being carried out by BLG and monthly drawdown requests dealt with in a very timely manner. Due to a difficult time generally in the market in regards selling, I was in need of a six-month extension to the loan which again was appraised very quickly and granted. Having dealt with numerous funders over the last 20 years, I can only speak highly of my personal experience with BLG and would very confidently work with them again on any future projects. “

    "From our side it has also been a pleasure working with BLG and the team there. We have found you easy to deal with, proactive in resolving any minor issues that have arisen through the project and shown great flexibility in working with us as a partner. We will certainly like to work with you on future partners."

    “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 the team, who always provide very clear information and advice with a 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 the team 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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