Financing Fibre Infrastructure Builds

finance for fibre specific equipment & working capital

get in touch
apply online

fibre finance

Financing Fibre Infrastructure Builds ...

Fibre Finance is a solution for SMEs in the the fibre industry that are looking to grow their businesses but require capital in order to take on or complete projects and contracts that they have secured or that they wish to pursue. We finance fibre infrastructure builds by providing finance for fibre specific equipment & working capital.

Many companies in the telecoms and fibre industry receive contacts from larger entities that require significant cash flow in order to purchase equipment/supplies or hire more staff to complete the contract. In the event that they are unable to secure an overdraft or a traditional loan these companies have few other options.

Spartan is an alternative finance provider that specialises in SMEs and provides finance to specialised industries through growth finance, bridging finance and specialised asset finance. Our Fibre Finance is tailor made to assist SMEs in the fibre industry with contract and project finance, in the form of working capital, to complete projects and contracts and achieve growth.

Our Bridging Finance is a solution particularly suited to the fibre industry as it that assists businesses with solving cash flow issues due to growth related challenges. Bridging Finance is for either a once-off need or for regular use in your business - for 1 or 2 or 3 month terms.

Spartan's Specialised Equipment Finance is also perfectly aligned to the fibre industry as it caters to the specific and niche equipment that fibre infrastructure builds require.

how it works ...

If the SME is at a point where they need temporary cash flow assistance due to growth in their business - then Spartan's Fibre 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 it ...

So the SME 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 suppliers and staff for the next 2 months but only receive payment from the 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 you may need bridging finance due to the 30, 60 or even 90 day delayed payment from customers

  • VAT for large transactions when you invoice now and wait for payment - in the interim you 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

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
  • > 3 years old
  • your annual turnover is R10 - R500 million

you will not be considered for finance if:

  • you are a private individual
  • you are a very large company, with more than 500 staff
  • you are a public sector entity
  • Exceptions: we make regular exceptions for companies doing R5 - R10 million turnover per year - provided there is some current growth context happening [for example a contract, project or an expansion].

get the finance your customers need ...

get in touch
apply online