SBA Small Business Person of the Year: Derek Ezovski

ORMS (Outsourced Risk Management Solutions)

Industry: Environmental Consulting

Headquarters: 7 South Main St., West Hartford

Website: orms.com

Contact: 860-838-5388

ORMS helps lenders and commercial real estate professionals understand a property’s environmental risks.

When a business applies for a loan, lenders must be sure the property is free from any hidden environmental issues. ORMS handles those reviews, giving lenders the confidence to move forward without delays.

What started as a one-person operation has grown into a 25-member team serving clients nationwide. Today, ORMS is an outsourced environmental risk management provider, with a focus on SBA lending programs.

How did you get into this business?

ADVERTISEMENT

I found my way into environmental risk management thanks to my godfather, Gary Ezovski. He introduced me to the field early on, and I spent my college internships working at his company — Lincoln Environmental — in Rhode Island.

By the time I graduated from WPI with a degree in civil engineering, I already had a sense of how meaningful this work could be.

My first jobs were with larger companies, where I often found myself helping non-technical coworkers make sense of environmental issues. Along the way, I went back to school and earned my MBA from UConn in 1999, which opened the door to roles at Fleet Bank and later at a data company in Connecticut.

Those experiences made something very clear: lenders needed a dedicated resource to help them manage the environmental side of their work. That realization — and my long-standing desire to build something of my own — pushed me to launch ORMS.

ADVERTISEMENT

From there, the company grew nationally, fueled by our business model and the strong results we delivered to our clients.

How has your business grown in recent years?

Over the past two years, especially after the interest rate hikes in 2023, ORMS has been growing at more than 40% a year. That growth really comes down to our talented team, the expertise we bring to our clients, and the way we make the experience smooth and reliable.

ADVERTISEMENT

Being involved in a variety of industry organizations — not just environmental ones — keeps us connected to the challenges our clients face every day and inspires us to expand our services in ways that truly meet their needs.

What’s a major challenge your business has overcome in the past year?

One of the biggest challenges we’ve faced over the past year has been keeping up with rapid growth while navigating the pressures in today’s lending environment. Rising rates and tighter market conditions have made it more important than ever to integrate new technologies and bring on the right people who fit our culture.

Thankfully, our team has been incredible — finding smarter, more efficient ways to serve our clients while keeping ORMS running smoothly and effectively.

What major strategic plans do you have in the next few years?

Over the next few years, ORMS plans to keep expanding our services so lenders and other commercial real estate professionals can get all their due diligence needs handled in one place.

The due diligence process often involves juggling multiple vendors, but we manage it efficiently for our clients — helping them save both time and money while making the process much simpler.

Learn more about: