Roma Finance,
the bridging finance, short term lending and buy-to-let finance specialist, has launched a new processing channel, RomaFlow. This is for straighforward cases, to expedite the application to completion process and ensure an easier submission for brokers.
RomaFlow has fewer stages and less documentation, using enhanced technology to give a smooth progression to offer and completion. On straightforward cases, solicitors will be instructed within twenty four hours.
Unless the broker or borrower highlights complex cirumstances, or other challenges, at the outset, all standard bridging cases will now automatically go into RomaFlow. Those that are complex will remain separate to give underwriters more time to look into the case.
Michael Allison, head of transformational change of Roma Finance, said: “Speed is back with RomaFLOW. We’ve worked really hard to create this improved, smoother process for straightforward cases so we can give brokers and customers the fast service they demand.
We know that brokers love Roma for our lending less ordinary approach and the fact we lend with integrity. But we also recognise they need certainty and speed. That’s what we’re giving them with RomaFLOW.
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 you with much quicker turnaround times.”
Steve Smith, national sales manager at Roma, added: “The pandemic and Brexit has affected speed in the industry across the board. Knowing this is a major issue, I am really proud of the Roma team and their tireless efforts to bring RomaFLOW to fruition.
Our dedication remains to our brokers and customers, ensuring they receive the best possible experience and we look forward to delivering RomaFLOW to everyone as standard.”
Original article featured here…
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