who we finance2018-07-31T09:05:18+00:00

Who we finance

Financing that backs entrepreneurs

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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].

Though we finance and service Small & Growing Businesses across all industries – we find that the businesses in the following segments tend to get significant benefit from our niche finance offerings:

  • agribusiness
  • manufacturing
  • tech businesses
  • education
  • healthcare
  • business services
  • professional services firms
  • project related businesses
  • contract related businesses

From a B-BBEE perspective the bulk of the SMEs we finance are Qualifying Small Enterprises (QSEs), that is R10 million to R50 million turnover per year – we also make exceptions for the top half of Exempt Micro Enterprises (EMEs), that is R5 million to R10 million per year, provided there is some growth context they are experiencing.

get the finance your business needs …

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