Bridging Finance 2017-11-07T09:21:59+00:00

bridging finance

Bridging Finance

Financing that backs entrepreneurs.

what is Bridging Finance?

Our Bridging Finance is a solution that assists businesses with solving cash flow issues due to growth related challenges in their business. Bridging Finance is for either a once-off need or for regular use in your business – for 1 or 2 or 3 month terms. If your business is contract or project based – then our bridging finance is a match for you.

why use Bridging Finance …

how Bridging Finance works …

If you’re at a point where you need temporary cash flow assistance due to growth in your business – then Spartan’s Bridging Finance helps you cross this gap.

Typical Credit Criteria

  • Only for cash flow need triggered by growth & not distress context
  • Credit assessment of the business, ‘the jockeys’ and source of repayment & available collateral

Typical Transaction Terms

  • Loan size minimum R1M and maximum R5M

when to use Bridging Finance …

So you have secured a valuable deal [project or contract] and now need to get to work delivering it – but there are several new challenges mostly in the form of cashflow management… you need to pay your suppliers and staff for the next 2 months but only receive your payment from the new client after 90 days.

Bridging Finance

who we finance …

Spartan is strictly focused on Small & Growing Businesses … this is who we finance. We’re 100% committed to only helping SMEs grow. It’s in our DNA. It’s in our processes. It’s in the way we engage.

We don’t serve survivalist, micro and lifestyle businesses – we believe we can make a greater impact by financing Small & Growing Businesses. Small & Growing Businesses are defined as commercially viable businesses that have significant potential and ambition for growth.

you will be considered for finance if:

  • you are a small to mid-sized business
  • > 3 years old
  • your annual turnover is R10 – R500 million

you will not be considered for finance if:

  • you are a private individual
  • you are a very large company, with more than 500 staff
  • you are a public sector entity
  • Exceptions: we make regular exceptions for companies doing R5 – R10 million turnover per year – provided there is some current growth context happening [for example a contract, project or an expansion].

get the bridging finance your business needs ...

contact us now
contact us now