loanLoan
Capital at risk
36
Months
10.5%
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

YHC Hire Services are an independent, family owned hire company with over 1000 carefully selected items currently available for hire, ranging from mini excavators to power tools, to portable toilets and specialist surveying equipment. This loan will mean we can consolidate an existing loan and purchase stock.

YHC Hire Services are an independent, family owned hire company with over 30 years experience in the rental industry specialising in tool and plant hire.

YHC Hire Services's head-office in Yeovil, Somerset and occupies some 12,000 square feet of retail & service facilities, offering our customers the very latest innovative products on the market. We look to provide a wide array of power tools and machinery so that all projects from DIY to professional construction projects are serviced.

To offer a wider range of solutions, we now boast depots in Chard, Bridgwater, Glastonbury, Wincanton and Weston Super Mare, all from which we are able to service and supply further afield in Devon, Dorset, Somerset and Wiltshire.

YHC employs over 40 highly trained and motivated staff, able to advise and assist you in selecting the correct tool for the job. Our staff are ready and trained to offer the following business solutions:
Hiring
Surveying
Training
Sanitary requirements
Safety tools

Safety and reliability are very important to us. That is why we are committed to ensuring that each and every item of equipment hired from us has been regularly serviced, maintained and tested, and that our staff have a sound knowledge of each piece of equipment in order to convey practical advice in the tools operation and effectiveness for the task in hand.

Although YHC has experienced considerable growth over the years, we are still, in essence, a local family organisation and our key ethos is our dedication to customer service and satisfaction. We want to grow our family and this loan will help us achieve this with better cashflow through loan consolidation and larger range of tools for our clients.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 207k
Raised
£ 208k
Investors
486
Estimated close date
Funded 2 months ago in 26 days

Where will the funds go?

Debt consolidation
£78,000
Stock
£30,000
Refurbishment of Yeovil Branch (Head Office)
£50,000
Refurbishment of Weston Super Mare Branch
£20,000
Working capital
£22,000
Fees
£6,500

Key people

Andrew Parker
Managing Director
Ashley Parker
Director

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Business brand

Yeovil, UK

"YHC Hire Services are an independent, family owned hire company with over 30 years experience in the rental industry specialising in tool and plant hire."

Incorporated
23 years, 4 months
Equifax score
38 / 100
Equifax Grading
powered by Equifax
Average score
Lending directly to businesses involves risk, including risk to your capital.
Please see our risk section before making an investment decision.

Risk warning

Investments like these involve risks including loss of capital. Please see our risk section before making an investment decision