What is Spartan’s non-donation Enterprise & Supplier Development?

Our Enterprise & Supplier Development solution is tailor made to cater to corporate businesses looking to improve their Enterprise Supplier Development in a more financially efficient manner.

  • Once-off investment instead of annual expense
  • Investment in form of 5 year endowment policy (sinking fund). Capital returned after 5 years
  • Once-off investment automatically qualifies for immediate & annual BEE points under ED and/or SD
  • Fund targets preservation of capital over time achieved by making commercial, secured loans to underlying SME companies
  • Investment portfolios administered by a registered long-term insurer and an authorised FSP

Spartan’s core business specialises in only dealing with SMEs and only in financing these SMEs. This naturally aligns with certain aspects of the B-BBEE codes – specifically around Enterprise and Supplier Development.

What we do NOT do – training & development nor business development support (BDS) nor incubation. We do, however, have a strategic alliance with a leading service provider in this area.

Why use Spartan for your ESD …

A few of the entrepreneurs we’ve backed …

“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.”

Chithwa Samuel Ndwandwe, MD Sinqobile Equestrian Security
“Such amazing support… I needed project funding and within 16 hours I already had my finance - there are no words that can explain what this did for us - Spartan was like an angel to my company. They understand entrepreneurs… I’ve never seen such from any banks in South Africa. When you know you have Spartan to back you up on projects it’s such an amazing experience.”

Stella Manaka, MD Matcom Technologies
“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

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