Investment & Fund Management

Plomberie Confort Energies, a plumbing, heating, and air-conditioning company based in Montpellier, France, faced the challenge of securing financing to launch their business. Founded by Sylvain and Laurent in early 2017, the company aimed to capitalize on the region's significant population growth, which presented a growing market for their services. However, as new entrepreneurs, they needed financial support to invest in essential equipment and service vehicles to effectively operate their business.

To address this issue, Laurent and Sylvain secured a loan through SIAGI, which was guaranteed by the European Investment Fund (EIF) under the EU’s Investment Plan for Europe. This guarantee made their business plan more attractive to banks, facilitating the loan approval process. With the financing, they were able to purchase specialized equipment, including cameras and leak detectors, as well as two service vehicles, which were crucial for their operations.

As a result of this tailored financial solution, Plomberie Confort Energies successfully launched and is now thriving in the competitive market. The partners are already planning for future growth, including the potential establishment of a new business focused on renting out maintenance equipment for heating and cooling systems. This strategic move not only highlights their ambition but also reflects the positive impact of the EIF's support in enabling their entrepreneurial journey.