Ledge Finance Ltd Announces Successful Management Buyout
Ledge Finance Ltd (Ledge) has announced that Chief Operating Officer Tony Del Popolo and the Executive Team have completed a management buyout of the business.
Phil Botsis, has entrusted the future of Ledge with the Executive Team effective from the 2nd November 2020. As Founder and Managing Director for over 41 years, Phil built the business into what it is today, a market leader in providing a complete suite of debt solutions to the SME & Corporate markets.
“I’m very pleased to announce to the market that after 41 years I’ve decided to pass the business onto the Ledge Executive Team. I thought timing was ideal, as the business has become a complete debt service proposition to the commercial corporate business community” stated Mr Botsis.
“I have confidence that the Executive Team will continue to grow the business and I am delighted and proud to see the Ledge brand I’ve lived and breathed for over four decades in such safe hands.”
The Executive Team looks forward to continuing to build the Ledge brand and its industry leading service offering.
“It’s with great pleasure that I and the Executive Team have secured custodianship of Ledge” said Del Popolo. “We will endeavour as a collective group to grow the Ledge brand with the vision and passion that Phil has demonstrated over the many years in the business community.”
About Ledge Finance Ltd
Ledge is a leading provider of complete debt solutions. Our range of services include working capital solutions, insurance premium funding, equipment and property finance. Ledge has extensive experience in assisting mature, well established SME businesses and large corporates to review and restructure banking and finance facilities. We partner with businesses, to ultimately provide them with the capability to maintain their strong position in the market and achieve business growth. Ledge holds an Australian Credit Licence (Ledge Finance Limited No: 392211).
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