The move comes as former MD and co-owner of the business, Noel Corcoran, decided to take a step back from the day-to-day operations of Ideal 4 Finance to focus more on the strategic development of the company and his wider business interests. He will continue to be closely involved as Chairman and CEO.<\/p>\n\n\n\n
Noel said: \u201cThese are exciting times for our business with new products coming online and plans to grow through acquisition. Last year, we launched a new specialist lending company, to lend on unregulated property finance and business assets, which we have also targeted for growth.<\/p>\n\n\n\n
\u201cMark is a professionally qualified banker with over 16 years\u2019 experience in commercial and corporate banking. His background and financial acumen make him extremely well equipped for this role and I know our business will benefit greatly from his experience.\u201d<\/p>\n\n\n\n
Since joining Ideal 4 Finance in early 2020, Mark has been instrumental in developing and diversifying its commercial finance operations. He also spent eighteen months overseeing the compliance function, during which time he led a full compliance review, and has been closely involved in all key areas of the business. <\/p>\n\n\n\n
Commenting on his new appointment, Mark said: \u201cIt\u2019s a privilege to be leading such a dynamic company at a time when we are expanding some of our key products and developing new areas of operation.<\/p>\n\n\n\n
\u201cI have a brilliant team to work with here and feel confident that, moving forward, we have the opportunity to make the company bigger, better and more successful than ever before.\u201d<\/p>\n\n\n\n
Ideal 4 Finance was established in 2008 by Noel and Emily Corcoran, to create a cost effective solution for SMEs to integrate finance into their operations. Since then, the company has helped thousands of businesses to boost their sales by offering flexible customer finance. <\/p>\n\n\n\n
The commercial finance arm of the company also supports a range of businesses with all aspects of commercial borrowing and investment.<\/p>\n\n\n\n