Spartan’s Growth Finance is for SMEs that are beyond the survival stage and are well into the growth phase of their lives.
This growth stage is a stage that is very exciting but yet very painful – its exciting as there is a lot of positive action happening and the business is on a growth strategy – the pain is because how does one fund this? Its also very difficult to get a funder to understand the unique growth strategy for a particular SME.
SMEs in this stage may be reluctant to get an equity funder on the one hand as this may be a bit extreme and they’re unwilling to sacrifice equity, on the other hand a traditional ‘vanilla’ funder is not able to take the time to understand and specially structure something thats unique to the SMEs context.
Thats where Spartan’s Growth Finance comes in…