Richard King

Ortus snaps up Richard King



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Ortus Secured Finance has hired former Mint Bridging business development manager Richard King (pictured above) to its team.

Richard will move to the specialist lender, where he will serve as business development manager looking after a portfolio of brokers across the UK.

The appointment comes after Ortus reported a doubling of its loan book over the past six months, following the second closing of its fund, which has a lending capacity of £60m. 

Ortus has also expanded its offering and recently announced that its maximum loan size had increased to £25m, while its minimum interest rate had fallen to 0.65% pcm.

Speaking of his appointment, Richard said he was delighted to have joined a lender that was growing fast and had some fantastic products.

“Ortus has won several awards for product innovation and service excellence and I look forward to helping the company in the next phase of its growth. 

“In an increasingly competitive market place, Ortus is growing its share and I relish the challenge of building on its success so far.”

Jon Salisbury, managing director of Ortus, added: “Richard is really well known in the industry and we are delighted to have him on board. 

“He has a really positive attitude and loves getting deals done.”

Last week at the Bridging & Commercial Awards, Ortus was awarded Specialist Product of the Year for its Northern Ireland product range. 

 

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