Nationwide insulation and interiors specialist SIG has teamed up with carefully selected third party providers to offer a package of financial services for customers.

SIG’s Business Finance Tools, endorsed by the Institute of Credit Management, is the first of its kind in the industry and provides discounted rates and access to business-enhancing products on topics including long- and short-term financial support, customer risk and cash flow management, and managing accounts online.

This step into financial services is in response to the continued economic and political issues that place increased strain on SMEs in the construction industry. Simon Johnson, director of UK Credit Management at SIG, explained: “The construction industry is notorious for its cash flow difficulties, but now more than ever the supply chain needs to work together to build firmer financial footholds.

“This credit offering is a first for our industry. It will give SIG customers an enormous advantage in securing additional finance, increasing returns on final accounts and improving internal risk processes. Ultimately it will help ensure their businesses are protected and financed for future growth.”