Foresight Group has provided a senior debt facility to Belfast Commercial Funding to enhance its lending capacity and support growth in Northern Ireland's alternative lending market.

Target Company Overview

Belfast Commercial Funding (BCF) is an alternative lending business based in Belfast, Northern Ireland, which specializes in providing secured loans of up to £5 million. Established in 2014, BCF has developed a strong reputation for serving developers and SMEs across the island of Ireland, successfully facilitating over 80 loans that address funding gaps in various sectors. The company’s offerings include property bridging, property development loans, SME financing, and agricultural loans.

With the latest funding from Foresight Group, BCF aims to expand its loan products and augment its lending capacity, addressing the increasing need for available financing options for SMEs and house builders in Northern Ireland and Ireland.

Industry Overview

The alternative lending market in Ireland has experienced significant growth in recent years, driven by a persisting gap between the demand for loans and the traditional lending capacity o