The deal — which was introduced by Eric Savill, executive consultant at BTG Advisory — was secured over a commercial site in East Anglia to fund a restructuring exercise and the modernisation of some of the buildings.
The property comprised a tannery that had been in operation for over 100 years.
Ortus inspected the site, listened to the explanations provided by the borrower, and was assisted by an expert and pragmatic valuation firm.
