Phelan, previously of Midland and General, expects to head up a team of as many as 60 in the newly created division and will primarily be responsible for planning and implementing the business strategy, recruitment and training, building the department infrastructure and consolidating relationships with introducers and lenders.
Director, Keith Dearling commented: “We think that Mike has the perfect blend of skills to fill the role which we hope will grow the Secured Loans division and help Advantage become one of the biggest introducers of Secured Loans in the market.”
Mike Phelan commented: “I am thrilled to be joining Advantage. We are embarking on an exciting venture at a time when we expect to see huge growth in secured loans. I will be bringing plenty of drive and enthusiasm and hopefully some new ideas too. The experience and knowledge I have gained over the years will prove invaluable in establishing Advantage as a major player in the market”
Mike lives with his partner Donna and his son Ricky. He is a keen Chelsea fan, and was until recently a keen 5 a side player but has now hung up his boots. He also enjoys most sports, music and cinema and the ‘odd’ bit of decorating.