Roma Finance unveils new commercial development product

Published on

Roma Finance has unveiled a new commercial development finance product, marking the first extension of its RomaGROW range.

The new facility offers loans from £250,000 to £2.5 million, at up to 65% loan-to-gross development value. Targeting experienced developers, it is specifically designed to fund new-build projects including office buildings, warehouse and logistics space, retail premises and mixed-use developments of up to 12,000 square feet.

Scott Marshall (pictured), founder and managing director at Roma Finance, said the move reflected a natural evolution for the business. “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,” he said.

Citing demand pressures in the logistics and industrial sectors, Marshall added: “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.”

The product has already been trialled in a live transaction. In Market Harborough, Leicestershire, Roma provided £2.33 million over 18 months to an experienced developer undertaking their first ground-up scheme. The project will deliver 11 light industrial and warehouse units as part of the regeneration of Hermitage Business Park.

Roma underwriter Jason Metcalfe described the scheme as a strong fit for the new proposition. “As an underwriter, development finance is about more than numbers—it’s about backing a vision,” he said. “This project stood out because of its clarity, impact and long-term benefits for the area.”

The launch follows a broader strategic reorganisation by Roma Finance earlier this year, in which it streamlined its offer into three clearly defined ranges. RomaFLOW covers the lender’s bridging finance products, aimed at investors seeking fast capital. RomaGROW consolidates development funding into a single channel for construction, refurbishment and growth. The third arm, RomaPRO, was introduced to address demand for buy-to-let and revolving credit, serving property investors looking to combine development capabilities with long-term rental strategies.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

HTB backs £4m refinance for London landlord

Hampshire Trust Bank has completed a £4m semi-commercial refinance for an experienced landlord in...

MPC narrowly votes to hold rates at 4% as calls for a cut grow louder

The Bank of England’s Monetary Policy Committee (MPC) has come within a whisker of...

UTB backs £16.5m Surrey developments by Rushmon Homes

United Trust Bank (UTB) is providing £10.7m in acquisition and development finance to support...

Octopus Capital funds two new care homes

Octopus Capital has completed a £30 million forward funding agreement with Synergy Care Developments...

Hanley Economic names new chair as Nick Jordan steps down

Hanley Economic Building Society has confirmed that Ian Henley will become its new chair...

Latest publication

Other news

HTB backs £4m refinance for London landlord

Hampshire Trust Bank has completed a £4m semi-commercial refinance for an experienced landlord in...

MPC narrowly votes to hold rates at 4% as calls for a cut grow louder

The Bank of England’s Monetary Policy Committee (MPC) has come within a whisker of...

UTB backs £16.5m Surrey developments by Rushmon Homes

United Trust Bank (UTB) is providing £10.7m in acquisition and development finance to support...