Ortus Secured Finance

Ortus targets £250m loan book

Ortus Secured Finance has announced plans to grow its loan book to £250m.

This comes after the specialist lender enjoyed record growth in 2018.

Ortus appointed two new BDMs following the record year and also promoted Richard King to head of sales.

Speaking to Bridging & Commercial, Jon Salisbury, managing director at Ortus (pictured above), said: “During 2018, our loan book smashed through £100m, which was a major milestone for us.

“This was achieved with very little recruitment activity, so our recent decision to hire two new BDMs is an indication of the ambitions we have for 2019.

“Our next target is to grow our loan book to £250m.

“We expect our increased sales force to play a key role in our growth, enabling us to take our award-winning product range to more brokers.

“We also expect to widen our offering to brokers with new product releases during 2019.”

Jon added that Ortus would also be making some important announcements in the very near future about regional expansion.

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