how Spartan helps your industry?
- we have 45 years experience financing SMEs across South Africa
- first, we understand you & your business
- we provide structured financing for short & long term, covering your growth phases
Spartan’s backing of your warehousing & logistics business …
Your logistics and warehousing business can experience unique funding roadblocks that traditional funders cannot help you overcome. This can create issues for your business and lead to stalled & unsupported business growth. Some of these issues include:
- Deposits for fleet acquisition, which typically require you to use money designated for Working Capital or utilization of your Overdraft facility
- Cashflow pressures resulting from onboarding new fleets, unplanned maintenance, or payment delays
- Needing Working Capital or Overdraft to expand your enterprise footprint
Spartan understands this space and these challenges – and we structure the funding to support your growth by offering tailored financial solutions to alleviate immediate cashflow burdens and support short-term cashflow pressures.
specialist in
funding logistics and warehousing businesses in South Africa
Funding your Deposits for Fleet Acquisition
- Traditional financiers and OEMs typically require deposits for fleet acquisition, which would typically require you to use money designated for Working Capital/Utilisation of your Overdraft facility
- Spartan is able to fund the shortfall on a term loan structure to alleviate the immediate cashflow burden
Funding your Property Acquisition
& Set-up
Expanding your enterprise footprint generally requires you to use your Working Capital and/or Overdraft finance facilities.
- Traditional financiers typically require the entrepreneur to contribute to the acquisition cost [equity/own contribution]
- They may not consider the Fit-Out costs and Warehousing Implement/Tooling costs [forklifts, overhead cranes, ERP systems, etc]
- ERP system development & implementation costs is a long-term, capital intensive, investment that is difficult to assess for traditional funders
This is where Spartan comes in: we understand this space, we understand these challenges – and we structure the funding to support your growth.
Funding your Alternative Overdraft/Secondary Overdraft
- There are occasions where an entrepreneur would experience cashflow pressures resulting from on boarding new fleet/unplanned maintenance/payment delays
- Spartan offers Working Capital support to supplement your existing Working Capital facilities [Overdraft, etc] to support this short-term cashflow pressure
Funding your Payables Financing for your sub-contractors
- Supporting your contractors can be difficult when your payment plans do not align with their budgets
- Supply chain finance is an extension of your buyer’s accounts payable and is not considered financial debt. For your supplier, it represents a non-recourse, true sale of receivables. There is no lending on either side of your buyer/supplier equation, which means there is no impact to balance sheets
Early Payment Program – for your subbies
Who we fund …
We’re only focused on SMEs run by experienced entrepreneurs, that:
Let’s get the conversation started …