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The Sasfin Specialised Lending team provided acquisition finance to a boutique financial services provider in South Africa to enable their acquisition of the entire shareholding in a company that offers importers and exporters a comprehensive set of services relating to incentives, customs duties and the like.

In addition, Sasfin provided a revolving term loan facility to the newly acquired business to fund their growth prospects taking the total exposure to the client to R50 million.

 

To find out how our Specialised Lending team can help you grow your business click here. 

About the Author

Paul Pretorius
Head: Specialised Lending, Business and Commercial Banking