While certain energy renovation projects remain blocked for lack of an immediate financing solution, CAPEB and Sofinco announce a partnership intended to help building craftsmen.
THE financing remains one of the main obstacles to energy renovation. In order to avoid quotes being left unanswered and limit cash flow tensions for businessesthere CAPEB and Crédit Agricole Personal Finance & Mobility, via its Sofinco brandare launching a national partnership intended to support artisans and their customers.
Financing, the main obstacle to taking action
Insulation, replacement of a heating system, installation of photovoltaic panels, etc. : THE energy renovation needs are considerable, but many projects still do not come to fruition due to lack of an immediate financing solution. It is on this point that the CAPEB and Crédit Agricole Personal Finance & Mobility, via Sofincodecided to act. Both partners want make financing a real commercial lever at the service of artisansin order to transform more quotes into projects.
The objective is twofold: on the one hand to facilitate the decision of households, on the other hand to secure the activity of craft businesses, faced with an ever more demanding renovation market.
Craftsmen trained to support their customers
The partnership is based on a vast information and training system deployed to the CAPEB network and its 62,000 members. Businesses, particularly those engaged in ECO Artisan approach by CAPEBwill benefit from support in order to better inform their customers about existing financing solutions. Webinars, information materials and specific training will allow craftsmen who wish to become authorized distributors of the solutions offered by Sofinco, in compliance with the regulatory framework. They will thus be able present an allocated credit directly linked to the workin addition to existing public aid.
This development responds to a reality on the ground: individuals are now asking companies about financing methods as well as technical solutions. Having a recognized financial partner should make it possible to limit project abandonment at the time of signing quotes.
Transform projects into construction sites
The partnership also targets a subject that has become particularly sensitive for artisans: public aid payment deadlines. If MaPrimeRénov’, the Energy Savings Certificates (CEE) or even the eco-PTZ reduce the remainder payable by households, these measures generally intervene once the work is completed. Between the purchase of materials, the mobilization of teams and the actual payment of aid, companies often have to advance significant sums over several weeks, or even several months. For certain small businesses, this cash advance constitutes a real obstacle to the development of their activity.
As financial agent of Anah, Sofinco intends to provide a response to this problem by supporting professionals in the advance of public aid, in order to streamline the financing of operations and secure payment for construction sites.
Beyond simple credit, CAPEB sees in this agreement a means of remove one of the last obstacles to energy renovation.
“By giving our craftsmen the means to better inform their customers about the financing of work, we are removing a very concrete obstacle to energy renovation. Craft businesses are as close as possible to households and territories: they must be able to rely on simple, reliable and compliant tools to transform more projects into construction sites,” underlines Jean-Christophe Repon, president of CAPEB. © Laure Pophillat
For its part, Sofinco insists on the central role of craft businesses in accelerating the energy transition : “energy renovation will not be done without craftsmen. Our role, as a credit institution, is to provide them with operational solutions – complementary to public aid – to have the capacity to invest in their housing, secure projects and support the energy transition. Beyond environmental issues, the news reminds us with the various heatwave episodes that housing renovation is also a matter of public health and well-being at home. With CAPEB, we therefore put responsible financing at the service of an issue of general interest“, concludes Franck Oniga, the general director of Sofinco.
