Ortus lending power boosted to £60m

The firm has been boosted by an additional £20m of commitments from investors to its UK lending business, which has a particular focus on the leisure market.

UK-based commercial lender Ortus has secured an additional £20 million (€23.5 million; $26.4 million) in funding.

It brings the firm’s total lending firepower to £60 million at the closing of its second funding round announced today. The latest boost included a £5 million commitment from a real estate investor the firm declined to name in its statement.