Ortus Secured Finance
A principal lender backed by Icelandic bank Kvika, writing commercial bridging from 0.65 per cent a month and five-year commercial mortgages, from £100k to £25m across the whole UK.
What they do
Ortus lends from its own balance sheet with committed funding from its Icelandic bank owner, offering commercial bridging from £100k, a five-year commercial mortgage from £500k priced at 5.5 per cent over base, and a projection-led bridge for assets whose income has yet to stabilise. Leverage caps at 60 to 65 per cent. An agreement in principle comes within 24 hours, typical completion runs three to four weeks and can be compressed below one, and borrowers deal directly with decision-makers. Offices are in London, Manchester, Glasgow and Belfast, and lending covers Northern Ireland as well as Great Britain.
Where they fit in a lower-mid-market raise
Care homes, hotels, leisure and owner-occupied trading premises are all sectors this lender takes seriously rather than tolerates, and the projection-led bridge earns its place where a business has bought an underperforming asset and needs time to prove the income. Full UK coverage including Northern Ireland is rare, and the five-year mortgage means a bridge can be termed out with the same lender.
Where they are not the fit
Leverage is conservative at 60 to 65 per cent and the term product has a £500k floor. There is no cashflow lending: underwriting is entirely property-asset based. All-in cost on the five-year mortgage sits around ten per cent at current base rates, well above a clearing bank's commercial mortgage.
Published terms
- Pricing
- Commercial bridging from 0.65% per month (approx 7.8% p.a.); 5-year commercial mortgage at 5.5% plus Bank of England base rate (approx 10%+ all-in at mid-2026 base rates). Arrangement fee 2%. No ERC on commercial bridging products. Confidence: Med
- Speed to terms
- AIP within 24 hours; typical completion 3 to 4 weeks; expedited completion under 1 week possible. Confidence: High
- Sponsored or sponsorless
- Corporate and property investor appetite clear; no explicit private equity/sponsor language. Direct and broker-introduced both welcome. Confidence: Med
- Where they lend
- Whole of UK including Northern Ireland. Offices in London (HQ), Manchester, Glasgow, Belfast. UK and non-UK borrowers accepted. Confidence: High
- How they decide
- Principal lender; borrowers and brokers speak directly to decision-makers; credit-backed AIP within 24 hours; balance sheet and committed Kvika funding lines give certainty of execution. Confidence: High. Authority is delegated below committee on at least part of the book
As published by the lender and last reviewed August 2026. Terms quoted on a deal are set by the credit, not by a published band.
The desks that lend
Ortus Secured Finance lends through 3 separate books. Which one reads a deal decides the security, the covenant package and the band, so the question is rarely whether Ortus Secured Finance lends, but which of these would own it.
5-year commercial mortgage (flex funding)
- Facility
- £500k to £25m
- Security
- First charge over UK commercial property; loan to value up to 65%; ICR 100% from 5.5% plus Bank of England base rate; up to 10% annual overpayment from year 3 without ERC
- Funds
- Acquisition · Growth · Refinance
- Rules out
- Loan to value cap 65%; Minimum facility £500k
Commercial bridging (investment and complex)
- Facility
- £100k to £25m
- Security
- First or second charge over UK commercial property; loan to value up to 60%; no early repayment penalties; offshore SPVs, trusts and foreign nationals accepted
- Funds
- Acquisition · Growth · Refinance
- Rules out
- Loan to value cap 60% on commercial; Property security required
Projection-led commercial bridge (stabilisation)
- Facility
- £100k to £25m
- Security
- First charge over UK commercial property; for businesses stabilising before conventional bank funding; no ERC
- Funds
- Growth · Refinance · Turnaround
- Rules out
- Property security required; Requires credible bank-out plan
How they sit against the category
- Its published ceiling is £25m; 27 of the 75 property-backed lenders here go at least as high.
- 65 of the 75 publish an indicative price at all; it is one of them.
- It lends through 3 distinct desks, where most firms here run one or two.
Counted across the 75 property-backed lenders in this directory, on what each one publishes. What a lender discloses and what it will do are different things.
Questions this page answers
How large a facility does Ortus Secured Finance write?
Published facilities reach £25m, and the bottom of the published range is small-ticket business rather than a corporate facility. A band is what a lender states it will do, not what it will do on a given credit.
How quickly does Ortus Secured Finance move?
AIP within 24 hours; typical completion 3 to 4 weeks; expedited completion under 1 week possible. Confidence: High. Published timetables describe a clean case; anything unusual in the security or the structure adds to them.
Where does Ortus Secured Finance lend?
Whole of UK including Northern Ireland. Offices in London (HQ), Manchester, Glasgow, Belfast. UK and non-UK borrowers accepted. Confidence: High.
Sources
This profile is a curated reference note drawn from public sources, not financial advice or a recommendation. Appetite and terms change; a lender's fit for a given credit is established by approaching it, not inferred from a page.