Specialised Asset Finance
for asset finance beyond the usual
asset finance
Here's 2 key reasons to use Spartan's Asset Finance:
Our expertise is in financing specialised assets.
What does this mean? When your customer needs to finance specialised assets - that a bank or traditional funders don't understand or avoid - we will back them. We finance machinery, specialised equipment, technology, software, office fit-out, etc. If you're not sure if we will finance it just ask - chances are we could.- Avoid using working capital or overdraft.
Rather use Spartan’s finance facility [credit line] which acts as a wallet of credit. This credit line has a 3 year availability period. It can be used for ‘bits & bobs’ or larger items. Working capital or overdraft is a scarce resource that should either serve as a buffer for tough times OR give you confidence for the future.
types of assets we finance ...
Finance all the machinery & equipment that your customer needs whether they're in manufacturing, warehousing, agro-processing, mining support, construction, engineering, etc. ... see more about our machinery finance.
For leading-edge 'weird & wonderful' equipment or devices that don't fit the conventional mould or is so new-age that it can't be categorised yet. So if it can't be categorised how can it it be financed? Spartan can and does - because we have expertise in financing specialised assets. Find out more here.
If it has a chip, wires or an IP address we'll probably finance it. For just about any technology your customer requires whether its traditional IT or something way beyond that and non-traditional ... read more about our technology finance.
It covers off-the-shelf software or custom development software. For example CRM, ERP, industry-specific-software, web/general/mobile development. Spartan can also finance the various elements of the software project whether it be upfront/annual licensing, implementation, training, software subscription [Software-as-a-Service]. Read more here.
Spartan's Fit-Out Finance covers your customers office furniture & fit-out. Whether they are looking to refurbish and redesign their workplace, or are looking to move into a new office space, we can finance the entire project. See more.
Our minimum finance criteria
- minimum finance amount from R1M up to R25M [for Specialised Asset Finance min R500k]
- 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