# Ultimate Finance provides good funding offer to SIG customers
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2018-02-14
Category: FINANCE
Category URL: https://financedigest.com/category/finance
Meta Title: Ultimate Finance and SIG plc partnership to provide SME
Meta Description: Struggling with cashflow? Ultimate Finance and SIG plc have partnered to provide rapid funding solutions for SMEs in construction. Apply now!
URL: https://financedigest.com/ultimate-finance-provides-good-funding-offer-to-sig-customershtml

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At a time when so many SMEs struggle with cashflow and [73 percent](http://smallbusiness.co.uk/smes-failure-due-cashflow-barriers-2537843/) find applying for additional funds a ‘long and painful’ process, two businesses are joining forces to provide a solution in the construction sector.

Leading SME funding provider [Ultimate Finance](http://www.ultimatefinance.co.uk) has entered into a partnership with FTSE 250 construction company [SIG plc](http://www.sigplc.com/), a leading distributor of specialist building products in Europe, to support SMEs in this sector by ensuring a lack of funds is a thing of the past.

The partnership will see SIG customers offered a discounted rate on Ultimate Finance’s Cash Advance. The businesses will be able to use a bespoke portal where they can apply for a loan and while bank business loans can take months to come through, SIG customers would receive a decision in seconds and funding within a matter of minutes.

The Cash Advance is a super quick short-term loan, repayable in 1-3 months. It is ideal for [topping up funds or managing](https://www.financedigest.com/tinnitus-management-market-to-top-us-3-2-bn-driven-by-growing-burden-of-hearing-disorders-fmi.html "Tinnitus Management Market to Top US$ 3.2 Bn Driven by Growing Burden of Hearing Disorders: FMI") short term cashflow issues which often occur at the least opportune time.

Anthony Persse, Director of [Strategy at Ultimate Finance](https://www.financedigest.com/personal-finance-strategies-for-saving-and-investing.html "Personal finance: strategies for saving and investing"), said: “We are delighted to be launching this partnership with SIG to offer financial support to its vast number of customers in the construction space.

“We understand that cashflow issues can arise for even the most financially astute companies and can have a disastrous [impact if problems hit at the wrong time](https://www.financedigest.com/analysis-financial-literacy-or-luck-the-year-small-time-traders-made-a-big-impact.html "Analysis-Financial literacy or luck? The year small-time traders made a big impact"). This partnership is designed as a [safety net](https://www.financedigest.com/increase-in-investments-in-building-refurbishment-and-new-construction-activities-to-propel-demand-of-construction-safety-net-market-fact-mr-report.html "Increase in Investments in Building Refurbishment and New Construction Activities to Propel Demand of Construction Safety Net Market: Fact.MR Report") for when such issues arise and threaten to derail a business’ momentum in its tracks. When the worst-case scenario strikes – whether it’s late payments or urgent upscaling – the rapid nature of the Cash Advance loan will ensure SIG customers retain their financial [stability even during the most testing](https://www.financedigest.com/stability-test-chamber-market-2019-scope-of-current-and-future-industry-2027.html "Stability Test Chamber Market 2019 | Scope of Current and Future Industry 2027") of times.”

Simon Johnson, Director of Credit at SIG, said: “At SIG we pride ourselves on [supporting our customers to ensure their businesses](https://www.financedigest.com/factbox-reaction-to-uks-energy-support-package-for-businesses.html "Factbox-Reaction to UK’s energy support package for businesses") continue to go from strength to strength. This is why we’ve partnered with Ultimate Finance to [give customers access to funding at short](https://www.financedigest.com/youtube-in-challenge-to-tiktok-to-give-shorts-creators-45-of-ad-sales.html "YouTube in challenge to TikTok to give Shorts creators 45% of ad sales") notice. Cashflow [issues can be removed almost as quickly as they appear and our customers can then ease the burden of the difficult process of collecting cash and focus](https://www.financedigest.com/tesla-investors-to-focus-on-demand-issues-in-earnings-report.html "Tesla investors to focus on demand issues in earnings report") on the most important element of the business – growth.”


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