Roma Finance has launched a new commercial development finance product — the first expansion of its RomaGROW range, which focuses on funding that drives economic and community growth.
The new solution offers loan amounts from £250,000 to £2.5 million, with finance available at up to 65% loan to gross development value (LTGDV). It is designed to support experienced developers delivering new-build offices, warehouse and logistics units, as well as retail and mixed-use schemes up to 12,000sq ft.
The product has already been trialled, including a £2.33 million deal in Market Harborough where Roma supported an 18-month loan to an experienced developer embarking on their first ground-up scheme — a project to deliver 11 new light industrial and warehouse units as part of the regeneration of Hermitage Business Park.
Roma recently re-launched its offering at the beginning of the year to streamline its services into three distinct product ranges: FLOW | GROW | PRO.
- RomaFLOW represents Roma’s bridging finance products, offering fast funding solutions for investors needing quick capital to secure opportunities.
- RomaGROW combines the company’s development finance options under one name, making it easier for property developers to access funding for construction, refurbishment, and growth projects.
- RomaPRO, the newest addition, focuses on buy-to-let and revolving credit, offering investors solutions for both development and long-term buy-to-let financing.
Scott Marshall (pictured), founder and managing director at Roma Finance, commented: “This is an exciting evolution of our offering and marks the first expansion of our RomaGROW product line, which is all about backing developments that deliver long-term value for communities.
“The UK’s industrial and logistics sector urgently needs more space, and our new commercial development finance solution empowers developers to build the kind of infrastructure that fuels jobs, trade and investment in underserved areas.”
Jason Metcalfe, underwriter at Roma Finance, added: “As an underwriter, development finance is about more than numbers — it’s about backing a vision. This project stood out because of its clarity, impact and long-term benefits for the area.”
