Roma Finance posts record month
Roma Finance, the borrower first lender, achieved its record month in October, not only for new business following the highly successful launch of its new FLOW product range.
New business increased by 51.2% in October compared to the average levels for 2023 as a whole.
Roma has experienced multiple record-breaking periods of enquiries and completions over 2023, and a review of cases in underwriting show this to be continuing.
Roma has its highest ever pipeline in both volume and value with demand for its RomaFLOW products, the fast completions channel, being its most popular range.
The new RomaFLOW range has been put in place as a result of the continued success of the process of the same name.
Roma believes the surge in enquiries and cases demonstrates the success of the new range and the continually growing requirement for short term finance and the drive of landlords, developers and property investors to continue their own growth aspirations.
Michael Allison, commercial director said:
“I am delighted by the results of this first month and November has started strong as well.
The results clearly demonstrate the quality of our sales teams, our strength and commercial flexibility in underwriting and the unwavering way we work with brokers and borrowers to achieve positive outcomes.
The amount of repeat business, recommendations and referrals we continue to receive are testament to this.
This is another fantastic step on our trajectory to achieve our business plan and every possible positive outcome for customers.”