Roma Finance has partnered with Karaya Capital, a specialist debt advisory firm, to arrange a tailored development finance facility supporting the continued delivery of a residential scheme in Rochester, Kent.
Karaya Capital joined forces with Roma Finance, the Manchester-based specialist lender, to arrange a funding package of more than £550,000, following an introduction by Kuldip Singh Shokar.
The facility provides the capital required to support the project's construction phase. Structured through Roma Finance's RomaGROW development finance product, the transaction was led by senior business development manager Alisha Chu and senior underwriter Adrian France.
The scheme comprises two detached townhouses and is expected to achieve a gross development value of approximately £1.25 million upon completion. The borrowers acquired the site a few years ago with planning permission already secured, and are now progressing with the redevelopment, estimated to cost £540,000.
Access to the right funding partner matters as much as the property itself for developers navigating the current market. Development finance facilities need to be structured around project timelines, cash flow requirements and exit strategies, which is why experienced debt advisers play such a central role in the transaction process.
Drawing on its lender relationships and understanding both the client's objectives and the credit requirements involved, Karaya Capital sourced a funding package aligned with the project's commercial needs while keeping execution efficient.
"We were delighted to work alongside Karaya Capital on this exciting opportunity," said Alisha Chu (pictured).
"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 strong returns for the investor."
Kuldip Singh Shokar of 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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