how Spartan helps your industry?
- We have over 44-years experience financing SMEs across South Africa
- First, we understand you & your business
- We provide structured financing for short & long term, covering your growth phases
Spartan’s backing of the tourism sector …
South Africa has always been a vibrant and stunning country, and our tourism sector reflects this, providing compelling opportunities to SMEs looking to make their mark in the industry.
- However, continued development and maintaining your unique flavour, requires that you have sufficient working capital and/or capex
- And getting the funding, even for a Concessionaire, can be difficult
- This is often a barrier to executing these projects
This is where Spartan comes in: we understand your space, we understand your challenges – and then structure funding to support your growth in the tourism sector.
specialist in
funding the tourism sector
Funding your adventure business
Adventure activities are a significant attraction and represent a growth opportunity within the tourism sector. Offerings like zip lining, cable car tours, ballooning, helicopter tours & boat cruises can be a valuable investment.
- often these investments are quite large – triggering the need for structured capex and/or working capital funding
- these projects or Concessions are difficult to assess for traditional funders – requiring a funder that understands the sector, desires to see the sector grow and has the capacity & commitment to assess
This is where Spartan comes in: we understand this space, we understand these challenges – and structure the funding to support your growth as an entrepreneur or Concessionaire in the tourism sector.
Acquiring or building unique lodging & locations
Achieving growth and building your portfolio/collection, can have its hurdles. Like getting funding to …
- Expand existing or new sites
- Acquire new locations
- Pursue new concession-based locations
Spartan’s specialised process gives you an opportunity to engage with us in-person as we get to know your business and partner with you in your projects.
Preferably, unique/concession-based locations
Other tourism businesses
South Africa’s tourism sector is powered by a diverse range of businesses – from adventure operators and eco-lodges to cultural tour providers and concessionaires. These SMEs are the heartbeat of our visitor economy, but growth in tourism isn’t always smooth sailing. Many businesses face challenges that traditional funders don’t understand:
- Seasonal demand and uneven cash flow can make it difficult to cover operational costs – especially when gearing up for peak season.
- Large projects or expansions often require CAPEX funding that’s hard to secure.
- Time-sensitive opportunities need funding that’s fast, flexible, and structured around your business.
This is where Spartan SME Finance steps in. We understand this space; we understand these challenges and structure funding for Working Capital and CAPEX – tailored to the realities of tourism businesses.
Our strategic partnership with SATSA …
SATSA represents the private sector trade associations in five SADC countries. Their mission is to support the sustainable growth of travel and tourism to and within Southern Africa.
SATSA’s partnership with Spartan reflects their commitment to strengthening the tourism sector by fostering collaborations that crate tangible benefits for its members. By providing direct access to tailored funding solutions, SATSA is ensuring that SMEs have the tools they need to thrive in a competitive environment.
Who we fund …
We’re only focused on SMEs run by experienced entrepreneurs, that:
How our process works …
Let’s get the
conversation going …
Get in touch
Articles
Barriers to the growth of concession-based tourism in South Africa
After the TBCSA’s (Tourism Business Council of South Africa) latest leadership conference, it is no secret that South […]
SME funder sees potential in the Adventure Tourism sector
South Africa boasts some of the world’s most diverse landscapes and rich cultural heritage, creating a tourism industry that […]
FAQs
Do you have some questions about our financing ..?