What we do: Spartan (Pty) Ltd provides finance to small and medium enterprises in South Africa. The company provides finance for specialized equipment, technology, software, fit-out finance and bridging finance. Spartan has been financing businesses for over 36 years since its inception in 1981.

Ownership & Management: Spartan was founded by Kumaran Padayachee with significant experience in asset-based financing. He is a member of the Entrepreneur Organisation SA and of Endeavor SA. Kumaran acquired Spartan Technology Rentals late in 2003 and has expanded the business significantly in South Africa. Spartan is an Authorised Financial Services Provider and is licensed as a financial services provider in terms of Section 8 of the Financial Advisory And Intermediary Services Act, 2002 (Act No. 37 of 2002).

Key financial indicators: Not provided. Spartan backs entrepreneurs with growth finance, asset finance and working capital finance and is the only financial services provider that provides 100% Software Finance.

Track record: Spartan has customers such as ContinuitySA, National Business Initiative and the Davies Diagnostics among others. Spartan’s focus is on small and medium businesses with between 10 – 500 staff and businesses that have been operating for more than 3 years.

Contact details: Tel: (+27) 011 886 0922 Email: izak@spartandrive.co.za Address: Spartan House, 387 Jan Smuts Avenue, Craighall, Johannesburg, South Africa Website: www.spartan.co.za

Or contact us for free additional information at info@peafrinsights.co.za