Funding the development of pure commercial property is more difficult than residential property. Generally, you will be expected to have a pre-let or pre-sale in place before funding can be approved.
However, it is not as simple as getting anyone to agree to rent it or buy it. The tenant or end buyer will be scrutinised as much as the developer. Not only will the tenant or buyer have a big impact on the end valuation, they will also determine whether you can get competitive funding.
Whilst we can’t help you find tenants or buyers, by getting us involved at the earliest stage we will be able to guide you through the process and share industry best practises with you.
We’ve helped clients source funding to build hotels, retail units, offices, PRS, care homes, student accommodation, medical centres and more.
Why choose PFG for your Commercial Property Development Finance?
The development finance market for pure commercial property is not as big as the residential market, but there are still many more options than most borrowers would be able to find on their own.
We offer full market coverage and Mainstream Banks are only a small part of that, with Specialist Funds, Insurance Companies, Pension Funds and Alternative Lenders providing alternative solutions.
The problem for Borrowers is not choice, it is making the right choice.
