Green Economy Finance

Specialised Asset Finance

for green solutions in your business or your clients’ businesses

Power Purchase Partnerships

for resellers/dealers

Green Economy Finance

alternative energy sources or green building solutions

Specialised Asset Finance for implementing green & alternative energy solutions in your business.

green solutions resellers and dealers for your customers

Bridging or Project Finance – for your business.
Specialised Asset Finance – for your clients.

Power Purchase Partnerships
for resellers/dealers

backing you to build your PPA portfolio

how Spartan helps the “green economy” ?

  • experience in financing SMEs with specialised needs such as alternative energy solutions, green building methods, etc.
  • financing for Purchase Orders, Bridging needs, and Specialised Equipment or PPA Partnerships

Spartan’s role in the “green economy” sector …

The “green economy” is an important and growing component of South Africa’s economy and provides significant opportunities to businesses working in the sector and to businesses seeking to embrace alternative solutions and green technology in their business.

We provide finance for businesses seeking to use green solutions, we also finance businesses that sell green solutions, services and products to other businesses.

specialist in 

green finance

A few examples of services and products we finance in the green economy:

  • green building solutions & products

  • water management

  • solar energy

  • gas

  • battery backup & storage

  • business automation & energy efficiencies

  • waste management

  • sustainable agriculture & bioeconomy

Businesses seeking to use green solutions

As a business wishing to switch to the offerings of the green economy you face larger upfront capex – and your financial history may not always qualify for funding for this capex.

This is where Spartan comes in: we understand the green economy space, we understand the challenges – and we structure the funding to enable you to achieve your green solution goals.

Specialised Asset Finance for Green Solutions
Finance for Suppliers of Green Solutions

Suppliers/Resellers of green solutions

Suppliers/Resellers providing green services and solutions:

  1. if your business needs working capital finance or bridging finance for a project, contract or short term reason we finance businesses in the green economy
  2. if your SME client needs or wants a finance option for their green solution – most commonly this asset based finance but can also cover services, etc.

We offer a partner option for businesses that provide a product/service to their SME customers and would like to offer their customers an alternative way to pay for their products – with green finance.

Power Purchase Partnerships

  • backing you to build your Power Purchase Agreement (PPA) portfolio
  • if you have a vision to build your portfolio of assets & annuity income in energy management systems
  • looking for a strategic growth partner
Green Economy Finance

What some of our entrepreneur clients say …

“you got a big brother literally backing you – they say ‘financing that backs entrepreneurs’ and they really do”

Tshidi Mndzebele, CEO AvenirHoldings

“the ability to finance … allowed us to have more capital available to hire more teachers”

Damany Gibbs, CFO at Nova Pioneer

“From a franchisee point of view finance allows them to guard their working capital more closely and take the money that they would have spent and use that cash effectively to pay for our consumers who are selling us goods or borrowing money from us”

Cash ConvertersRichard Mukheibir, MD at Cash Converters South Africa

“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

A few FAQs …

We do not serve start-ups, micro or lifestyle businesses.

We finance small to mid-sized business in operation for 3 or more years.

  • minimum finance amount from R1M
  • minimum R10M annual turnover
  • alternatively, R5M to R10M annual turnover, if there is a growth context [e.g. a contract, project or large PO]

Depending on your unique situation, Spartan can help by crafting a finance option tailored to your exact requirements and needs.

Such as:

Our minimum finance amount is R1M and upwards. Some of our finance facilities can be structured with multiple phases &/or as revolving facilities, where appropriate.

  • Bridging Finance: 1-3 months
  • Working Capital Finance: 1-3 months or 6-12 months
  • Growth Finance: 12-60 months
  • Specialised Asset Finance: 12-60 months

Our application process is designed to get you from application-to-payout swiftly. We work together to make that possible. We can only move as fast as you.

  • we focus exclusively on South African SME’s
  • if your business is based in South Africa but also operates outside of South Africa then we may be able to finance you

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 do not serve start-ups, micro or lifestyle businesses.

We believe we can make a greater impact by financing Small & Growing Businesses. They are defined as commercially viable businesses that have significant potential for growth.

  • Spartan finances in a no/low collateral context, with an approx 5-10 day turnaround
  • therefore we supplement your bank rather than substitute it
  • our pricing is relative to the above
  • however, against usual secured overdraft rates – our costing is reasonable

  • we adopt a structured/customised approach to funding SMEs
  • we supplement a bank we do not substitute a bank
  • this means our clients utilise the banks for their traditional/vanilla finance needs & Spartan supplements this for their specialised/growth needs
  • your bank will typically require a higher degree & higher quality of collateral where Spartan as an alternative funder focuses more on backing an entrepreneur
  • Spartan’s application process is geared towards specialised & complex funding needs

Documents we require include:

  • online or offline finance application
  • historical financial information (for Spartan to assess business retrospectively) – this includes AFS/Management accounts and Bank account details/statements
  • business owners personal assets – we do secured and unsecured lending, this helps us with our risk mitigation

Why no business plan? We believe in meeting with the entrepreneur in order to understand the business holistically – from their perspective.

  • With Spartan you can sign all our docs online, on your mobile – wherever you are in the world
  • It is completely safe and legal
  • We make use of a top tier service that enables quick, easy and safe e-signing
  • find out more about our e-signing safety here
  • find out how to e-sign here

  • we define collateral as a tangible asset, with a liquid, secondary market [e.g. property]
  • we define security as a legal instrument that provides some comfort [e.g. cession of debtors]
  • depending on the nature and context of the financing required we will often require some form of collateral/security however
  • as an alternative financier we also try to give consideration to the needs of the business and its context
  • in certain cases security/collateral can take forms more relevant to purchase orders and contracts

Whilst we finance Small & Growing Businesses across all industries – we find that the businesses in the following segments tend to get significant benefit from our niche finance offerings:

  • manufacturing
  • construction
  • engineering
  • tech businesses
  • education
  • healthcare
  • business services
  • professional services firms
  • project related businesses
  • contract related businesses
  • digital media
  • agribusiness

It’s both our philosophy & policy not to finance businesses that negatively impact People and Planet.

  • Production or trade in any product or activity deemed illegal under host country laws or regulations or international conventions and agreements, or subject to international bans, such as pharmaceuticals, pesticides/herbicides, ozone depleting substances, PCB’s, wildlife or products regulated under CITES.
  • Production or trade in weapons and munitions.
  • Production or trade in alcoholic beverages (excluding beer and wine) (Primary).
  • Production or trade in tobacco (Primary).
  • Gambling, casinos and equivalent enterprises (Primary).
  • Production or trade in radioactive materials.
  • Production or trade in unbounded asbestos fibres.
  • Drift net fishing in the marine environment using nets in excess of 2.5 km. in length.
  • Production or activities involving harmful or exploitative forms of forced labour/harmful child labour.
  • Commercial logging operations for use in primary tropical moist forest.
  • Production or trade in wood or other forestry products other than from sustainably managed forests.
  • Industries related to pornography

Contact us …

complete this quick form and we’ll get right back to you …