Scott Marshall managing director at Roma Finance

Roma celebrates 15 years in lending while aiming to double loan book by 2026




Roma Finance is celebrating its 15th year in business while setting a target to double its loan book by 2026.

Established in 2008 by managing director Scott Marshall (pictured above), and named after his grandparents Rose and Max, Roma has grown from a one-man operation to 50 people working from its head office in Manchester as well as having 10 staff ‘on the road’, working remotely.

Since the firm’s first deal, a second charge loan for £75,000, has established 10 funding lines including the likes of Shawbrook, Paragon, The Cambridge Building Society, British Business Bank and Greater Manchester Combined Authority.

The company has financed 1,000 new homes including some refurbishment projects which have seen dog kennels, hotels and retail banks transformed into dwellings.

Commenting on the milestone, Scott said: “Roma’s first loan was secured by releasing equity on my family home, so there was real pressure for it to be a success and for the money to be repaid, thankfully it was.

“One of the things I am most proud of, is that in our whole 15-year history we have never lost a penny – our default remains at less than 1% and our redemption rate is second to none.

“The residential property investment market is a dynamic and hugely exciting one to be involved in.”

 

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