GLASGOW-headquartered Eagle Plant Hire has opened a new satellite depot in Edinburgh.
The firm, which boasts a fleet ranging from small power tools and concrete equipment to excavators and dumpers, has established a second operating base with the support of an SME Cashflow finance package from Clydesdale Bank.
The move has created four new jobs, bringing the total number of employees at the company to 24.
Managing director Colin Inglis said, “Eagle have an extremely strong and loyal customer base which values the complete service we provide that integrates with each customer’s own operating platform. This has resulted in greater volumes of business being transferred to ourselves and to provide the coverage and level of service expected an east coast base was required.
“The knowledge and experience of the new management team we have brought in to run the new location made Edinburgh the obvious choice. Joining the management team are John Cummings and Iain MacDonald. John has over 40 years’ experience at senior management and ownership level in the tool and plant hire industry. Iain has over 30 years sales and management experience in the tool and plant hire industry in Scotland. Working with Clydesdale Bank has allowed me to concentrate on establishing the new site after a straightforward process to agree appropriate funding and I look forward to working with the commercial banking team in Glasgow going forward.”
Mark Young, director, SME Cashflow Finance at Clydesdale Bank added, “For any business pursuing a growth strategy, ensuring appropriate funding is in place for all phases of the growth cycle is essential. With the existing customer demand and introduction of a vastly experienced management team in Edinburgh, this was an ideal scenario for our bank’s SME Cashflow Finance to assist Eagle with the first stage of their geographic expansion.”
