what is business finance?
Our business finance is the funding of small and medium-sized business for all their financial needs. This ranges from technology [hardware & software] and equipment finance to working capital finance. We offer business finance that backs entrepreneurs.
Efficient cash flow management is the lifeblood of any SME. At Spartan, we live this – which is why we offer SME finance. Our various finance products help your business to retain cashflow – so you can use the cash where it should be used.
In today’s economic climate, businesses need to retain their cash reserves and preserve their lines of credit. Small and Medium businesses are at the core of the South African economy and in order to grow, access to affordable & alternative sources of finance is critical. This is where we come in. We help SMEs grow.
types of business finance …
Growth Finance
tap for more ...Growth Finance via a number of our financial mechanisms
Mezzanine Finance
Specialised Asset Finance
tap for more ...Specialised Equipment Finance
Technology Finance
Software Finance
Fit-Out Finance
Working Capital Finance
tap for more ...Bridging Finance for 1-3 month terms
Medium Term Loans for longer term needs
Our minimum finance criteria
- minimum finance amount from R1M up to R25M
- you are a small to mid-sized business [SME] in operation for 3 or more years
- with a minimum annual turnover of R10M, or
- alternatively with an annual turnover between R5M – R10M, provided there is some current growth context [for example a contract, project or acquisition]
- read more about our Finance Criteria
how it works …
When we provide business finance to SME’s, our approach is to give you an upfront finance facility. This acts as a wallet of credit to be used when you start with us & for all your future finance needs. Once the initial basic contract documents are signed and everything has been approved and set up you receive your finance facility. Click here for more details….