A North Tyneside-based trade services business, which is scaling-up its presence in the green installations sector, is poised for national expansion after securing a six-figure investment.
Clementine Services provides repair, installation and maintenance services for homes, businesses and public sector organisations across the region.
During the last year, it has installed increasing numbers of electric vehicle charging points, solar power panels, battery systems, and air and ground source heat pumps.
Working with NEL Fund Managers, the business has bagged £100,000 from the North East Small Loan Fund Supported by The European Regional Development Fund, which will help to create up to a dozen jobs.
Clementine is also investing in new equipment and vehicles, as well as upgrading its website and undertaking additional business development work.
Longer term, the company plans to expand outside the region, eventually employing a 50-strong team of installers.
Mark Black, managing director at Clementine Services, said: “The drive to reduce our collective impact on the environment has seen demand for green installations grow substantially, among both domestic and commercial customers.
“These green technologies allow people and businesses to be part of making a positive change to the way we all live, and we know there’s a lot more we can do in this area.
“We’re aiming to manage the speed of our expansion carefully, so that we provide a positive working environment for our team while also delivering the highest standard of work to our customers, and we’re confident that we can scale the business up to become a national operator in time.”
Mike Guellard, senior investment executive at NEL Fund Managers, added: “Clementine Services has a very clear proposition and the expertise needed to deliver the green installations that its clients are increasingly looking for.
“Sustainability is one of the North East Fund’s main investment priorities and we’re continuing to expand our portfolio of low carbon businesses across the region.”