Roma Finance launches commercial development finance product

Roma Finance, the specialist lender known for its flexible, relationship-driven approach, is today launching 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 ground up 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.

Scott Marshall, 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.”

The product has already been successfully trialled, including a £2.33 million deal in Market Harborough, Leicestershire 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.

Jason Metcalfe, Underwriter at Roma Finance, said:

“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.”

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