Related topic: Commercial

The bank is bolstering its presence in the North East with an internal promotion.

£10 million is earmarked for SMEs impacted by trade tariffs.

Open market value investment valuations will now be accepted for HMOs and MUFBs.

Orla’s main area of focus will be overseeing intermediary relationships.

Borrowers can secure a discount of up to 0.25%.

The funding boost represents an increase from the previous £3.5m facility cap for invoice finance and asset-based lending.

The Kent and Sussex regional BDM is a newly created role.

Economic uncertainty and inflation are causing some concern among business borrowers.

Tom will develop key intermediary relationships across both the Midlands and East Anglia.  

The lender says the change will significantly speed up the legal process for brokers.