Ortus Secured Finance launches five year commercial loan product

By Bridging Loan Directory 22nd January 2024

Ortus Secured Finance, a leading provider of alternative finance solutions for commercial and residential property, today announced the launch of a new 5-year mortgage product, adding to its flexible financing solutions for businesses.

This new product combines the stability of a long-term mortgage with the swiftness and adaptability of bridging finance, offering commercial property investors and owner-occupiers a flexible alternative.

Key Features of the 5 Year Mortgage:

5-year term: Enjoy the security and predictability of a longer-term commitment.
Max LTV 65%: Secure substantial funding for commercial property needs.
Loan Range: £500k – £25m: Tailored financing for diverse commercial needs.
Overpayment Flexibility: Repay up to 10% of the loan balance annually after year two, with no early repayment charges.
ICR 100% from 5.5% + BBR: Ensures a flexible financial approach.

Jamie Russell, Commercial Director, Ortus Secured Finance said:

“This expansion in Ortus’ product range is part of our ongoing effort to serve our loyal clients and introducers.

We have had a particular focus on commercial property since our inception and providing 5-year commercial loans was the next logical step in growing our offering.

This product now enables us to help borrowers and investors for the next step beyond a bridging or acquisition loan.”