BT-SA debuts infrastructure finance offering

Read time 1min 40sec
Isaac Mophatlane, director of BT-SA.
Isaac Mophatlane, director of BT-SA.

Bridging Technologies SA (BT-SA) has introduced an Asset Infrastructure Offering, enabling companies to finance infrastructure through BT-SA, and pay off the investment instead of having to find the money to pay upfront.

Says Isaac Mophatlane, director of BT-SA: “We understand that there are many businesses that are under financial pressure, but still need to put the right infrastructure in place. Projects of all kinds and sizes can be financed, helping that business to stay afloat, and even flourish.”

Randvest Technology Holdings acquired BT-SA a year ago. Randvest Capital, the parent company of Randvest Technology Holdings, is an investment firm owned and chaired by Mophatlane.

Mophatlane says many organisations don’t take into account how the failure of infrastructure can be detrimental to them. “When catastrophe strikes outside of budget cycles, a severe strain is placed on available cash flow because not enough thought had been given to upgrading IT infrastructure in good time.”

A recent example of this is the load-shedding that plagued SA businesses, he says. “Load-shedding impacted many enterprises because they weren’t able to continue conducting business without electricity – and they hadn’t made provision for this eventuality timeously. This has knock-on and far-reaching consequences.”

With a good infrastructure plan in place, business continuity needn’t be a problem, he adds. Whether finance is needed for generators or datacentres, the money would be available. “The benefits of this include being able to work within capital budget constraints, not having to shell out cash upfront and, instead, being able to make re-payment over 24 to 60 months,” he says.

“This means there’s no impact on the operational funding lines and fixed interest rates make budgeting easier. Equipment and upgrade costs can be bundled into one monthly payment. When infrastructure needs upgrading, it doesn’t mean that business needs to fail.”

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