Specialised Asset Finance: for asset finance beyond the usual
Here’s 2 key reasons to use Spartan’s Asset Finance:
- Our expertise is in financing specialised assets. What does this mean? When you need specialised asset finance – that your bank or traditional funders don’t understand or avoid – we will back you. We finance machinery, specialised equipment, technology, software, office fit-out, etc. If you’re not sure if we will finance it just ask – chances are we could.
- Avoid using your working capital or overdraft. Rather use Spartan’s asset finance facility [credit line] which acts as a wallet of credit. This credit line has a 3 year availability period. It can be used for ‘bits & bobs’ or larger items. Working capital or overdraft is a scarce resource that should either serve as a buffer for tough times OR give you confidence for the future.
Types of assets we finance
- Machinery Finance: Finance all your machinery & equipment that your business needs whether you’re in manufacturing, warehousing, agro-processing, mining support, construction, engineering, etc. … see more about our machinery finance.
- Specialised Equipment Finance: For leading-edge ‘weird & wonderful’ equipment or devices that don’t fit the conventional mould or is so new-age that it 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. Find out more here.
- Technology Finance: If it has a chip, wires or an IP address we’ll probably finance it. For just about any technology your business requires whether its traditional IT or something way beyond that and non-traditional … read more about our technology finance.
- Software Finance:It covers off-the-shelf software or custom development software. For example CRM, ERP, industry-specific-software, web/general/mobile development. Spartan can also finance the various elements of your software project whether it be upfront/annual licensing, implementation, training, software subscription [Software-as-a-Service]. Read more here.
- Fit-Out Finance:Spartan’s Fit-Out Finance covers your office furniture & fit-out. Whether you are looking to refurbish and redesign your workplace, or are looking to move into a new office space, we can finance the entire project. See more.
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 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].
Source: http://www.spartan.co.za
Spartan (Owner)
