- Loan amount: £550,000
- GDV: £1.25 million
- Term: 18 months
Roma Finance worked alongside Karaya Capital to provide a tailored development finance facility, enabling the continued delivery of a residential scheme in Rochester, Kent.
Introduced by Kuldip Singh Shokar, Karaya Capital approached Roma to secure funding for experienced developers progressing a scheme comprising two detached townhouses. The funding package of more than £550,000 was structured through Roma’s RomaGROW development product and will support the project’s construction phase.
The development is expected to achieve a gross development value (GDV) of approximately £1.25 million upon completion. Having acquired the site several years ago with planning permission already in place, the borrowers are now moving forward with a redevelopment project estimated to cost around £540,000.
The transaction was led by Alisha Chu, Senior Business Development Manager and Adrian France, Senior Underwriter. Working closely with Karaya Capital, the team was able to structure a facility that reflected both the project’s requirements and the borrowers’ development experience.
In today’s market, securing the right funding remains a key part of delivering successful development projects. Development finance facilities need to be tailored to project timelines, construction milestones and exit strategies, ensuring developers have access to the capital they need at every stage of the build.
Alisha Chu, Senior Business Development Manager at Roma Finance, said:
“We were delighted to work alongside Karaya Capital on this exciting opportunity. The borrower has extensive experience in property development and we’re pleased to provide a funding solution that supports the successful delivery of high-quality homes in Kent.
Development finance requires flexibility and close collaboration between all parties. Working in partnership with Kul and his team enabled us to structure a loan that met the project’s funding requirements and supports a strong return for the investor.”
Kuldip Singh Shokar, Karaya Capital, added:
“In today’s market, developers need more than access to capital – they need funding partners who understand the wider investment strategy behind each transaction. Our role is to advise our clients on the optimal capital structure, ensuring debt is aligned with the project’s commercial objectives, delivery timetable and exit strategy.
Drawing on our relationships across the specialist lending market, we were able to identify a financing solution that provided both certainty of execution and the flexibility required throughout the build. Transactions like this demonstrate how strategic debt advisory can unlock opportunities, preserve equity, enhance returns and support long-term value creation for developers and investors alike.”
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