Celebrating ICOF 50th birthday – looking back at our early loans – KER Plant Hire

There’s something very tangible about lending a business money to buy a whacking great piece of machinery.

Ever wondered why businesses that rent our machinery are called ‘plant hire’? Apparently it comes from the verb ‘to plant’ in the sense that we ‘plant our feet’ on the ground and the heavy objects are also planted on the ground, for the hirer to use in their own way.

In 1983, we lent to KER Plant in Northampton, so they could add to their stock of hireable equipment. We’re not sure if the loan funded this digger particularly. KER are still in business, – if you need a skip in Northamptonshire, they can help you out.