With offices in London, Manchester, Scotland and Belfast we have you covered.
Read our case study on how having the local market knowledge and physical presence to make quick and decisive evaluations was crucial in securing £3.5M facility in Eastern Scotland.
Our loans start at £100k and all deals, whatever their size, are extremely important to us. However, did you know that we also have the capacity to do much larger deals up to £25M?
We have the ability to deliver larger bridging facilities which can be secured against a variety of residential, commercial, and mixed-use properties.
These facilities are often provided to offshore borrowing structures or to individuals domiciled in other jurisdictions. We also lend to investment funds and other types of financial institutions which are unable to provide personal guarantees.
We recently completed on a £3.5m facility to assist with the share purchase of a company containing a large mixed-use land bank with planning in Eastern Scotland. Our borrower is an experienced property professional and this was demonstrated through a strong exit plan which involved the split up and sale of the site to a number of national operators.
The term was for 12 months with a further 12 months extension subject to certain conditions being met.
A sensible approach to risk
“The deal involved several complexities, not to mention the uncertain political situation that came to rise in the UK in October. However, I was able to arrange for an increased day-one loan after meeting the client and broker. We managed to work within Ortus credit policy by taking comfort in a contractually presold part of the security which massively reduced the risk profile.”
Chris Pallis Scottish BDM
Contact Our team today
Richard King
rking@ortussecuredfinance.co.uk
07388 993985
Jamie Russell
jamie@ortussecuredfinance.co.uk
07741 196308
Chris Pallis
chris@ortussecuredfinance.co.uk
