Roma Finance reports record quarter
09 July 2024
Roma Finance, the lender that loves to lend, has achieved a record quarter with three back-to-back record months on completions. Fundings increased by 38% in Q2 compared to the same period in 2023.
This record follows a record Q1 on redemptions which continue to remain strong and complements multiple record months in new business.
The trajectory of significant growth is set to continue as Roma has its highest ever pipeline in both volume and value with huge demand for both its bridging and development solutions. Repeat business also continues to increase and is now at record levels as demand grows for Roma’s borrower first philosophy.
Roma believes the surge in enquiries and cases, demonstrates the success of the expanding product range and the consistently growing requirement for short term finance form landlords, developers and property investors continuing their own growth aspirations.
Michael Allison, commercial director said, “I am thrilled to report these fantastic results which clearly demonstrate the quality of our sales, underwriting and customer services teams. Roma is progressive and people focussed with everyone collaborating to achieve the business’s goals and a premium service. The levels of repeat business, recommendations, and referrals we continue to receive are testament to this. We continue to evolve and there are going to be more exciting developments this year. Watch this space!”