Ortus launches new five-year commercial mortgage product

Jodie Bradley | 13:09 Monday 22nd January 2024 | 0

Alternative finance provider Ortus Secured Finance has today revealed its new five-year commercial mortgage product, adding to its flexible financing solutions for businesses.

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p>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.

The product can be used for facilities between £500,000 to £25m and has a maximum LTV of 65% LTV.

It also has an ICR 100% from 5.5% + BBR.

Jamie Russell, commercial director at Ortus (pictured above), commented: “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 five-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."

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