Bibby Financial Services Ireland (BFSI), a leading provider of funding solutions to Irish SMEs, has appointed Stephen McCarthy as their new Head of Sales for Munster.
In his new role, Stephen will lead the growing Munster sales team at BFSI as the operation strives to provide businesses across the country with bespoke financial assistance through a wide range of specialist and working capital funding options. The funding portfolio at BFSI includes confidential invoice discounting, factoring, export finance, foreign exchange services and specialist funding for a range of sectors.
Stephen joins BFSI from Close Brothers Commercial Finance, where he was Regional Director with responsibility for delivering innovative working capital and asset-based lending for SMEs across Munster. Prior to this he served as Senior Business Development Manager at Ulster Bank, where he led the SME team to deliver smart banking solutions to businesses across Cork and the wider Munster region.
He holds a B.Comm and Masters in Business Studies in Strategy and Competition from University College Cork.
Bibby Financial Services Ireland is part of Bibby Financial Services Group, an independent financial services partner to over 10,000 businesses across 14 countries. The Irish operation was established in 2006 and has an expert team of 30 employees based in Sandyford, Dublin.
Mark O’Rourke, Managing Director at Bibby Financial Services Ireland, says: “Stephen possesses an excellent understanding of the needs and concerns of businesses working across Munster and we’re delighted that he is now a key point of contact for SMEs seeking alternative finance solutions. As we continue to build out our regional teams Stephen’s experience and skillset will ensure that SMEs in the south of Ireland benefit from the most effective financing solutions.”
Stephen McCarthy, Head of Sales (Munster) at Bibby Financial Services, says: “SMEs in the south of Ireland face a number of challenges to ensuring their success, and are often unaware of the diversity of financing options available to them. I’m looking forward to working closely with Munster businesses and our wider sales team to demonstrate the benefits of invoice finance and highlight the difference that this and other funding solutions can make in helping SMEs to grow and flourish.”