Rating based on 17 reviews


  • Business loans up to R25,000,000
  • Bridging Finance
  • Repayment up to 60 months

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Spartan homepage
Author Spartan. Screenshot of Spartan website.
[Accessed January 24, 2023]

About Spartan

Spartan finance is a titan in the business loan market.

With lending experience dating back to 1981, that’s not hard to believe. Instead of losing sight of their original goals, however, they’ve only become more focused. They pride themselves on being ⅓ female-owned, 100% black-owned, and sport a level 3 B-BBEE rating.

Spartan dedicates its service to SMEs. They believe that instead of offering quick loans to larger companies, they should focus on growth in the SME market.

Spartan makes an effort to understand you

With over 38 years of experience, Spartan has gained plenty of knowledge about lending, especially to SMEs. They use their know-how to bring tailor-made loan products to their clients. As an independent alternative financier, they offer their own brand of lending to clients with their own ideas.

They’ve grown and developed their own business style over the years. They aim to do the same for you and your business.

Adaptable and dependable

Spartan was founded with a goal to provide finance to every SME that needs it, and they’ve been doing a good job so far. An enormous amount of SMEs has grown from their business financing, and there are many more to come. Collaboration and teamwork are important to Spartan, and this shows in the way they deal with clients.

Spartan doesn’t fund corporations or larger businesses but focuses on creating sustainable business growth in smaller spaces. Their heart shows in the community outreach programs that they participate in, such as the following, to name a few:

  • The Mandela Day river cleanup
  • The Johannesburg Library Adult Literacy Program
  • The UIV Children’s Fund
  • Lerato Love Homes

Spartan Services

Spartan has truly innovative technology on its side.

Their online lending platform has changed how SMEs get finance. Before Spartan entered the market, it could be difficult for a growing business to get a loan. That’s a worry of the past, however, with Spartan offering loans for more than R15 million to qualifying companies.

And, to top it off, your growing business can have access to that loan with a simple online loan application through their widget or mobile app.

Spartans terms of lending

Spartan’s loans come with qualifying criteria. They offer business loans up to R15 million for SMEs, which can be a life-changing amount of money. Qualifying requires your business to meet certain conditions. Your business must have been operating for at least 3 years, and have an annual turnover of at least R10 million.

Once you have met these 2 conditions, your business will be assessed in other facets to see how much you actually qualify for. Their state-of-the-art technology and their staff of trained financial professionals will determine this.

The finance Spartan offers

Spartan focuses on 3 types of finance:

  1. Growth finance - for businesses looking to spread their wings
  2. Bridging finance - property-backed loans for SMEs
  3. Specialized Asset Finance - for SMEs looking to invest in high-end equipment and technology

For businesses that require any of the above, getting in touch with Spartan couldn’t be easier. A few clicks on their site can have you connected with a consultant in no time.

Spartan – Business loan

  • Loan Type Business loans
  • Loan Amount up to R25,000,000
  • Repayment 30 days to 60 months

Benefits of Spartan

  • Bridging Finance
  • Specialised Asset Finance
  • Growth Finance

Business loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This business loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Excellent customer service and a process you can rely on

With Spartan, customer service is a top priority.

This can be seen in the way they deal with any inquiries they receive. From applications or queries to curious new clients, they have a stellar approach to customer service.

Between their mobile app and their online application system, they’ve got you covered. Application is as fast as the payout, so you’ll receive funds sooner than you would with other finance companies.

Who can and can’t apply

You can apply for Spartan’s loans if you’re an SME. But there are rules that Spartan follows about who can apply, and who must, unfortunately, be denied their finance.

Applicants can not be start-up businesses. Unfortunately, they do not fall into the bracket that Spartan aims to assist. No private individuals can apply. Spartan’s finance is strictly for small to medium-sized businesses, not individuals.

The company applying cannot have more than 500 staff or be a corporation. If you feel your business meets these requirements, you’re entitled to a no-obligation quote online. This quote can tell you how much funding your business qualifies for.

Industries Spartan is aiming for

Spartan targets specific industries when it comes to lending. Certain groups are better funded than others, and this is where Spartan aims to break the mold. By distributing wealth to the following more carefully, they aim to make a difference.

  • Agribusiness
  • Manufacturing
  • Tech businesses
  • Education
  • Healthcare
  • Project-related businesses
  • Contract-related businesses
  • Digital media

These types of companies are more in need of business finance than others, like private companies for example. These companies need as much specialized finance as they can get. That’s where Spartan steps in to help. By funding these company types, they make it easier for them to grow, flourish, and reach new heights. Find out if Spartan can take your company to a new level by getting in touch today.

Customer Reviews & Testimonials

August 2020

Spartan helped my business to grow into what it is today.

Markus P
— Cape Town —

May 2020

Without Spartan, my business would never have reached its true potential.

Marianne L
— Port Alfred —

June 2020

I work with Spartan to this day - they always have the kind of finance I enjoy.

Paula D
— Johannesburg —

Spartan Contact

Contact Number


  • not available


Physical Address

  • Spartan House 387 Jan Smuts Avenue Craighall Johannesburg 2196 South Africa
  • Get Directions

Opening Hours

  • Monday 08:00 – 17:00
  • Tuesday 08:00 – 17:00
  • Wednesday 08:00 – 17:00
  • Thursday 08:00 – 17:00
  • Friday 08:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed