The new solution offers loans between £250,000 and £2.5m at up to 65% LTGDV.

This is designed to support experienced developers building offices, warehouses and logistics units, as well as retail and mixed-use schemes up to 12,000 sq ft.

The product has already been successfully trialled, with a £2.3m deal in Leicestershire, where Roma supported an 18-month loan to deliver 11 new light industrial and warehouse units for an experienced developer.

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This new commercial development finance product will be available to brokers and direct customers across England, Wales and Scotland.

“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,” said Scott Marshall, founder and managing director at Roma Finance (pictured above).
 
“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.”