What a few of our customers say …
“They were more like a big brother, I mean just knowing that you are doing this project and you got a big brother literally backing you – they say ‘financing that backs entrepreneurs’ and they really do. In terms of the process – they supported us right through, the banks were not able to give us what we wanted but still Spartan was flexible enough to say let’s look at other ways of doing this. To this day I’m proud to be associated as a partner because Spartan literally treated us as a partner, its not just a transaction – a once-off transaction – its more partnership and enabling you to deliver whatever it is you need to.”
Tshidi Mndzebele, CEO AvenirHoldings
“We are building contractors that specialise in high end residential, small commercial and tenant fit-out. Our challenge was that the faster we grew – we couldn’t keep up with the needed cashflow in our pocket. We asked for a type of a bridging finance just to fill in the gap between interim draws that need to be paid out, to the point where we actually receive the money – we need that cashflow in between. The experience was quite straightforward – its very human friendly lets put it that way … the guys get involved immediately and they make it more personal in the sense that they have affection for what’s happening in the business and what’s happening outside – that experience you don’t get with a bank.”
“When I approached Spartan for bridging finance I was out of time. They sat with me and asked me questions, where needed they asked for documents – and I was paid the day after. I definitely feel like I am being backed… I’m not afraid of anything, if there are any new contracts I know they are a phone call away.”
“The devices we selected where Chromebooks, these are important for our blended learning program – the ability to finance our technology devices allowed us to have more capital available to hire more teachers.”
Damany Gibbs, COO Pioneer Academies
“We knew that when we were actually deep in the waters. Spartan had come through to our rescue and we believed in the relationship we had built with Spartan … so we went back to Spartan for funding. We where approved by funders that represent the OEMs – however we knew that when we were actually deep in the waters Spartan had come through to our rescue and we believed in the relationship we had built with Spartan … so we went back to Spartan for funding instead. This particular contract needed specialised trailers that are for the transportation of dry-bulk material … transported under strict conditions.”
Glen Mavuso, MD Sonke Resources and Energy