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Pub Finance by Ortus Secured Finance

Almost every type of business requires financing to grow and succeed. And pubs are no exception. Whether you are just starting out, taking on the family business, or looking to expand, the right financing offers the support you need when you need it.

When we established Ortus in 2013 our first product was a pub finance loan.  We were known at the time as “the leisure specialists” and, while our offering has since expanded significantly, we have never forgotten our roots.

Check out some of the pub finance solutions we have secured for our clients:

THE DEVIL’S STONE INN, DEVON

Loan Amount: £220k
Term: 24 months

After a successful career in London, our borrower was keen for a change of lifestyle. With an interest in the outdoors and an eagerness to become part of a village community, this property was the ideal opportunity for our borrower. It provided a successful bar and focal point in the village and could be supported by the local community and many visitors to the area.

Although primarily bar trade, the property had the capacity to offer a wide range of dining options and the potential for upper floors to be opened for short term tourist lettings. Our borrower displayed a work ethic that ensured us they would make a success out of this venture.

THE BRASS MONKEY, DEVON

Loan Amount: £200k
Term: 24 months

This loan was required due to a change in career for our borrowers. With respective backgrounds in finance and electrical traded, along with experience working in the target acquisition on a part-time basis, this opportunity felt too good to miss.

As a result of a retirement of the operators, our borrowers felt this was a great opportunity to buy a well-run pub with a loyal customer base. The vendor was also delighted to see the business pass to new landlords already popular with the regulars.

Upon re-opening, trade is expected to pick-up where it left off. Our borrowers also feel there is the future potential for growth with the option of expanding the dining options.

THE BLACK BULL, NORTH YORKSHIRE

Loan Amount: £100k
Term: 24 months

The borrow has been involved in the hospitality trade for a few generations and although this is our borrower’s first venture into pub ownership, the family are on hand to help.

The bar is well established within the local town and while there are clearly opportunities to grow the business, the initial 12 months is all about getting to know the regulars for reliable, long-term custom that sees the business grow successfully.

THE WHITE SWAN, NORTH YORKSHIRE

Loan Amount: £250k
Term: 24 months
Rural Yorkshire has been a long-term love of our borrowers. When the opportunity to buy an established bar with adjoining touring caravan site came up, it was too good an opportunity to miss.

Located close to the Moors National Park and a short distance from Pickering, this bar and adjoining accommodation is perfectly situated to pick up the tourist trade.

Very much a lifestyle choice for this young family, the draw of this venture was running a business on their own terms. The borrower’s family have also been in the licenced trade for several generations and will be on hand to help.

WHEATSHEAF INN, NORTH YORKSHIRE

Loan Amount: £100k
Term: 24 months

Our borrower has been running the bar as a tenant for a few years. The landlord decided to sell, and our borrower felt this was a great opportunity to take greater control of the business and offer long-term security.

Well established with the locals and a popular stop off for visitors, our borrower will continue to trade as he has been since taking up occupation.

On the rent vs debt servicing costs alone, the acquisition made sense. There are some medium-term targets for improvement in the business but for now, it’s all about dusting down the tables for the regulars returning after months of lockdown.

GET IN TOUCH TO SECURE YOUR LOAN TODAY 

We are proud to lend in situations where others cannot and are committed to supporting local UK businesses when it matters most and with offices in London, Manchester, Glasgow, and Belfast, you can speak with someone who knows your market and the unique challenges you face.

If you would like to discuss taking out a loan with us, get in touch today. We would be happy to share how we can help.