Specialised Equipment & Bridging Finance2018-02-13T16:50:27+00:00

Specialised Equipment & Bridging Finance

100% Specialised Equipment Finance

Specialised Equipment Finance

what is Specialised Equipment Finance?

Specialised Equipment Finance is for leading-edge ‘weird & wonderful’ equipment or devices that don’t fit the conventional mould or are so new-age that they 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.

why get Specialised Equipment Finance from Spartan?

On of the main reasons is that we are a specialist in financing the 'weird & wonderful' - while traditional funders may not be able to help, or may take forever to understand your needs, we are already up to speed and providing this type of finance to businesses like yours.

Traditional financiers focus on funding vanilla/safe assets for two main reasons:

  • predictable and high re-sell or secondary market price value
  • wide audience of secondary buyers for more common assets

In the case of the weird & wonderful specialised equipment the challenges are:

  • there may be no or a very low auction value
  • very few buyers for niche/specialised assets

Not all businesses need common asset types and many of them often require more specialised equipment - but what happens if you can't get finance for it ...

  • your business just goes on without it - the impact is anything from loss of productivity to profits
  • you use your cash reserves to pay for it - when this cashflow should be preserved for shorter term needs

get specialised equipment finance for your business ...

contact us
contact us

100% Bridging Finance

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 your business - for 1 or 2 or 3 month terms. If your business is contract or project based - then our bridging finance is a match for you.

why use Bridging Finance ...

  • a suitable mechanism to grow your business

  • a structured finance solution aligned to your specific need

  • responsibility & confidence to take on contracts & projects

how Bridging Finance works ...

If you're at a point where you need temporary cash flow assistance due to growth in your business - then Spartan's Bridging Finance helps you 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

get the bridging finance your business needs ...

contact us
contact us