Non-Donation Based Enterprise & Supplier Development
Converting annual income statement ESD expense into initial balance sheet investment
What is Spartan’s non-donation Enterprise & Supplier Development?
Our Enterprise & Supplier Development solution is tailor made to cater to corporate businesses looking to improve their Enterprise Supplier Development in a more financially efficient manner.
- Once-off Investment instead of annual expense. Investment in form of 5 year endowment policy (sinking fund). Capital returned after 5 years
- Immediate & Annual B-BBEE Points: Once-off investment automatically qualifies for immediate & annual BEE points under ED and/or SD
- Fund Fees paid from interest earned (no cost from capital): Interest paid to Fund by Spartan ESD covers all Fund costs, allowing full deployment of investors’ capital. Spartan ESD receives no fees from investor’s capital
- Capital Preservation: Fund targets preservation of capital over time achieved by making commercial, secured loans to underlying SME companies/
- Regulated Investment: Investment portfolios administered by a registered long-term insurer and an authorised FSP.
Spartan’s core business specialises in only dealing with SMEs and only in financing these SMEs. This naturally aligns with certain aspects of the B-BBEE codes – specifically around Enterprise and Supplier Development.
What we do NOT do – training & development nor business development support (BDS) nor incubation. We do, however, have a strategic alliance with a leading service provider in this area.
Why use Spartan for your ESD?
- Financially Efficient: 100% ESD capital returned to you on 5th year; immediate & annual points; NO fund management fees
- 100% Flow-Through to SMEs: 100% of your ESD capital is lent to SMEs
- Access to Finance: Fast & flexible. We are a specialist SME funder.
Source: http://www.spartan.co.za
Spartan (Owner)
