Ortus Secures Flexibility and Peace of Mind with venYou Serviced Office

Introduction

Ortus Secured Finance is a principal lender providing residential and commercial bridging loans throughout the UK market. The company has enjoyed continual growth since being established in 2013 in a small office in Charles Street, London.

Whilst Ortus has been lending in Northern Ireland for nine years, the company set up a full time presence in Belfast in 2019, and now operates with seven staff within venYou’s Scottish Provident Building.

Brief

Ortus Secured Finance advanced its first loan in Northern Ireland in March 2015, and since then, has continued to expand its loan book and customer base both in Northern Ireland and across the UK. Due to this continued growth, Ortus Secured Finance looked to Northern Ireland as an ideal location to establish a full time base to support both further loan book growth and an administrative hub for the entire UK business, drawing on the region’s world-renowned talent pool and taking advantage of lower cost base.

Top of Ortus’s priority list was finding an office space that had the necessary supports in place to complement the company’s business objectives, and one that offered the flexibility to adapt to the changing needs of a burgeoning office in a new market. For Ortus the key factors were location, facilities available, meeting areas and the standard of accommodation.

Challenges

As an emerging business, there were some challenges for Ortus.

Finding office space in what is a highly competitive serviced office market meant that the team at Ortus had to place their trust in an office provider that they felt would meet their needs, and help the business navigate this new move seamlessly and efficiently.

Ensuring they had chosen workspace which met their team’s requirements placed added onus on the need to make the right choice. Ortus knew that the office space they chose would directly impact the talent they attracted and how their team would be conducting day to day business. Ortus had to ensure that they were selecting workspace that aligned with their business goals and supported their overall strategy.

What did we do?

venYou has provided premium, flexible office space to businesses seeking to establish a presence in Belfast for over 10 years. We have built a portfolio of properties, a flourishing and loyal client base, and in turn, a reputation for being a reliable, flexible and proactive serviced office provider.  As of 2022/2023, 20% of our clients operated within the finance sector, with this number continuing to grow. 

We were confident when approached by Ortus that we could not only meet, but exceed their expectations and list of requirements, and we knew we could use our extensive experience in progressing business to help the company make its move to Belfast a success.

Our flagship property, the Scottish Provident Building, overlooks Belfast’s City Hall and is one of the most iconic buildings in the city’s skyline. Offering seven floors of fully furnished and high-quality serviced office space, the building provided the superior accommodation Ortus required, with modern meeting spaces, high-quality IT infrastructure, and flexible lease arrangements. Scottish Provident also provided suitable units in both size and configuration to support the team.

Our team understood Ortus’ need to find the right office in a premium location which could accommodate a growing business, and in turn, we used our experience to assist with any queries the team had, alleviating their concerns and ensuring the move was seamless,. Overseeing the furnishing, maintenance, repairs, utilities and housekeeping, we were able to ensure that mundane tasks associated with establishing a new location setup were removed for Ortus, allowing them to focus on what mattered – building and progressing their business in Belfast.

Overall

By leveraging venYou’s extensive knowledge of the Belfast market and ideally located properties, Ortus Secured Finance has successfully grown their Northern Irish presence, and is continuing to attract top tier talent to their team. The company’s chosen office space at the Scottish Provident Building offers flexible leasing terms, which provides an opportunity for Ortus to scale its operations efficiently, as and when required. 

The collaboration between Ortus and venYou exemplifies how strategic partnerships can overcome challenges in market expansion. Through expert support and flexible solutions, Ortus Secured Finance successfully established its new base in Belfast, positioning itself for continued success and growth.

Feedback

Serviced office space in the heart of Belfast has been a valuable investment for Ortus. As a business eager to grow a local loan book, Ortus required a supportive, flexible office provider who would play a role in enhancing their business.

Director of Ortus, Shane Donnelly, said, “The entire team at venYou, without exception, has been willing to assist in every interaction we’ve had, and goes above and beyond to meet our needs. Our location within the stunning Scottish Provident Building is ideal for both our employees and clients, and has successfully met our original brief of quality accommodation in a prime location. venYou’s buildings provide a range of amenities such as kitchen and bar facilities, a communal patio/terrace area where we can meet and socialise, as well as executive meeting and boardrooms which use modern technology. They also offer discounted gym and car parking rates, as well as networking events which are great for meeting other venYou clients.”

When asked if venYou’s serviced offices were a valuable investment for their business, Shane responded ‘absolutely’.  

Are you interested in high quality serviced office space? If so, contact our team today to enquire about availability across our four stunning properties. Contact Donna Linehan on dlinehan@venyou.co.uk.