Two years after joining the company, as the Head of Commercial Finance, Mark Heckels (above) has taken over as Managing Director.
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.
Noel said: “These 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.
“Mark is a professionally qualified banker with over 16 years’ 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.”
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.
Commenting on his new appointment, Mark said: “It’s 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.
“I 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.”
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.
The commercial finance arm of the company also supports a range of businesses with all aspects of commercial borrowing and investment.
To read more about Ideal 4 Finance, click here