Bridging Finance
1- 3 month terms for projects or contracts
bridging finance
what is Bridging Finance?
Our Bridging Finance is a solution that assists businesses with solving cash flow issues due to growth related challenges in their business. Bridging Finance is for either a once-off need or for regular use in the business - for 1 or 2 or 3 month terms. If the business is contract or project based - then our bridging finance is a match for them.
why use Bridging Finance ...
how Bridging Finance works ...
If your client is at a point where they need temporary cash flow assistance due to growth in their business - then Spartan's Bridging Finance helps them cross this gap.
Typical Credit Criteria
Only for cash flow need triggered by growth & not distress context
Credit assessment of the business, 'the jockeys' and source of repayment & available collateral
Typical Transaction Terms
- Loan size minimum R1M and maximum R5M
when to use Bridging Finance ...
So your client has secured a valuable deal [project or contract] and now needs to get to work delivering it – but there are several new challenges mostly in the form of cashflow management… they need to pay their suppliers and staff for the next 2 months but only receive payment from their new client after 90 days.
Typical reasons to use Bridging Finance:
capacitate with resources, stock, suppliers, etc. to deliver on the contract or project
once delivered they may need bridging finance due to the 30, 60 or even 90 day delayed payment from customers
VAT for large transactions when they invoice now and wait for payment - in the interim they still have to pay the VAT to SARS
between the sale of an asset (e.g. business, property, plant & equipment, etc.) and the collection of payment

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