Spartan

Spartan has been providing financial assistance to small businesses since 1981.

They have adapted to technology to give you the most effective service. Spartan provides you with a safe online solution to your business loan needs.

As an independent financial service provider (FSP) they’ve combined the structure and stability of traditional banking institutions with the flexibility of nontraditional FSPs. Spartan is a proudly level 3 B-BBEE company and a registered financial services provider.

They’re a lender who can offer you the best deal and tailor it to fit your specific needs. Spartan can offer you a business loan that’ll take into account not only the big picture but the specifics of your business.

The lifeblood of our economy

In South Africa small businesses are the lifeblood of the economy and, for our country to grow, small businesses need to be nurtured and supported.

To this end, Spartan will assist any business that has been established for three years or more with an income between R5M and R10M per year.

All business loans through Spartan will fall into one of three categories. Growth finance, specialized asset finance or working capital finance. Spartan takes a personal approach to dealing with their customers.

How you can access Spartans loans

You can apply for your business loan online or in person. Once your loan application has been completed and all your documentation has been verified by Spartan’s Credit analyst they’ll take the next step.

You can choose to meet their credit counsel in person or via skype. They’ll discuss your application with you and help you to find a loan that best suits your business needs.

Spartan’s ability to get you financed quickly and their easy 3-step application process make them the best option for your business loan.

Spartan focuses on Small to Medium Enterprises (SMEs) and has come up with three categories your business loan will fall into.

This will not only assist you during your application but make tailoring a loan specifically for your needs possible.

Growth finance

This category covers the business finance you need to grow your business. If you want to add transport to your warehouse business this would be the loan you’d choose.

This category would also encompass buying out a competitor, or financing a BBEE partner’s buy-in of your company. Fuel and mezzanine finance can also be found in this category.

Specialized asset finance

Any asset that will assist your growth is included in this category. whether you need a software upgrade, new technology or machinery they cover it.

Spartan will even assist with specialized equipment that traditional lenders aren’t willing to consider.

Specialized asset finance also covers office fit-out. This option covers everything from moving to a new office space to new office furniture.

Working capital finance

Bridging finance is a loan that falls into this category.

It covers any loan needed to keep you afloat between payment of your creditors and payment from your project.

Spartan fills the gap for you while you make your business grow.

Loans between R1m and R25m are available and every loan is tailored to suit the requirements of your business.

Choosing Spartan as your FSP will allow you the security of a lender who takes your business seriously and wants to see you succeed.