Medium Term Loans

draw on working capital finance beyond the traditional

do I qualify?
what do I need to apply?

medium term loan

what is a Medium Term Loan?

Our Medium Term Loan is a solution that enables your business to draw on working capital finance beyond your traditional finance sources such as your overdraft or bank credit lines. This means that those avenues remain open to you to use as appropriate for their function.

A medium term loan allows your business to grow beyond the constraints of your current finance options. Typically this is used to finance the expansion and growth of your business. This loan is customised to your business’s specific growth needs and can be a tailor made solution for you.

We focus exclusively on SME’s and we back entrepreneurs – as a result we know what makes your business tick and we have extensive experience in assisting business just like yours to achieve growth through a highly customised medium term loan.

how does it work?

  • 2 – 5 year term
  • loan amount dependant on risk profile
  • structured monthly repayments

who we finance ...

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 don't serve survivalist, micro and lifestyle businesses - we believe we can make a greater impact by financing Small & Growing Businesses. Small & Growing Businesses are defined as commercially viable businesses that have significant potential and ambition for growth.

you will be considered for finance if:

  • you are a small to mid-sized business 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]

you will not be considered for finance if:

  • you are a start-up
  • you are a private individual
  • you are a very large company, with more than 500 staff

get a medium term loan …