Maloney Plant Hire Limited

By Maloney Plant Hire Limited

Maloney Plant Hire Limited
100%

€76,667
funded

required over
36 months

€76,667

100%

€76,667

Funded

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of €76,667

required over 36 months

100%

€76,667
funded

Required amount

€76,667

over 36 months

Campaign Information


Created

Tuesday, Apr 27 2021

Raised

€76,667 of €76,667

Loan Term

36 Months

Address

Sheanbhaile, GLengad, Pullathomas, Ballina, Mayo , Ballina

Country

Ireland

Why Invest in us?

  • Directors had worked in the construction sector in the UK for 15 years before relocating back to Mayo. They have extensive experience in all aspects of groundworks and the operation of machinery.

  • In relation to Covid, both directors worked throughout the lockdown both as PAYE and on the farm and if there is another wave they expect their customers who work through ESB/ Irish Water/ Energy Providers to be classified as essential workers and will be able to pay their rental bills.


How will we use your investment?

This facility is for the purchase of four new welfare units which are to be provided to KLM Utilities for the Amazon data center in Ballycoolin in Dublin. They also require the units for contracts with Irish Rail and MEIC. These are currently being cross-hired with existing contracts in place.


Where we are based


Our story

Maloney Plant Hire Limited is a family-run plant hire business operating in both the UK and Ireland for over 4 years.
 The directors had worked in the construction sector in the UK for 15 years before relocating back to Mayo. They have extensive experience in all aspects of groundworks and the operation of machinery. The directors saved up significant funds while working in the UK and now have invested both in machinery for this plant hire business and a hill farm for sheep grazing.
The plant hire business is where they expect to grow their asset base. They have invested in machinery which is hired out on a hands-off basis and this business has no direct employees. They have two machines on long-term hire in the UK. 
Both directors are also PAYE workers and their unencumbered farm consists of 200 acres which contain 200 sheep.

Campaign Information


Created

Tuesday, Apr 27 2021

Raised

€76,667 of €76,667

Loan Term

36 Months

Address

Sheanbhaile, GLengad, Pullathomas, Ballina, Mayo , Ballina

Country

Ireland

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