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Moralltach Global PLC
The Chantery, Market Square
Bunclody, Co. Wexford Y21 X542
Ireland
35316316019
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moralltachglobal.com
European Company registered in Malta. The business concept and strategy were conceived to take advantage of the business opportunities afforded by the Global Recession, which saw the collapse of the irish economy in 2008. The maxim that every cloud has a silver lining is very apt in the case of Moralltach. The Company’s founder identified the need to match capital requirements of the business sector in Ireland with both quality business plans and unique opportunities. It also saw a huge opportunity in freeing businesses from historic debt and capitalizing future expansion plans.
The concept of Moralltach was established from the ashes of the Irish Celtic Tiger. When the Irish economy fell into recession during 2007 and 2008, mainly as the result of the International Banking Crisis, Irish Banks were amongst the first casualties, as international credit lines dried up and lending fell dramatically. This in turn eventually filtered down to the small and medium sized enterprises operating at the grass roots level in the economy. The effect of this credit crunch included the banks removing credit lines, not renewing credit facilities and not providing asset or any project related financing.
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