Roma Finance has extended the product ranges available on its RomaFLOW offering and introduced electronic signatures to the process.

The changes are being made with no rate increases since the Bank of England base rate increase, and Roma confirmed its rates still start at 0.59%.

RomaFLOW, which already speeds up the bridging and auction application to completion process, will now be available on light refurbishment products too.

The lender also announced it is introducing electronic signatures to further speed up the process. The streamlined processing channel has fewer stages, reduced documentation and enhanced technology to help move cases smoothly to offer and completion. Roma stated that its offering RomaFLOW ensures 80% of bridging cases are completed in under 28 days.

“We’ve worked really hard to maintain this improved process for straightforward cases and continue to enhance it,” said Roma sales director, Steve Smith.

“We know that brokers love Roma for our lending less ordinary approach but speed continues to be a major factor in the bridging market. We love to lend and are delighted we can now offer an enhanced RomaFLOW and also on more products.

“Brokers don’t need to do anything different. Just send in the case and, unless it’s particularly complex, we’ll put it into RomaFLOW and provide brokers and borrowers with much quicker turnaround times.”

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