Monday March 30, 2020

Economy: The banks are holding us back'

Niall Quinn ran an electronics installation business, based in Dublin's Nangor Road business park, for 20 years up until 2010.

16th March, 2014
Niall Quinn employed 18 people in his electronics installation business in Dublin, which he ran for 20 years before it went into liquidation in 2010. He now has a new business idea but is fighting with banks. Picture: Maura Hickey

Niall Quinn ran an electronics installation business, based in Dublin's Nangor Road business park, for 20 years up until 2010.

His business, Instacom was going well in 2006, employing around 18 people, when he applied for a loan of €855,000 to buy a new premises. He drew this down in January 2007.

The company did a lot of contract work for other businesses, installing electronic equipment such as audio visual displays.

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