Merchant West Holdings is an independent financial services company offering specialist business finance and advisory services through its subsidiaries. We started in 1998 as a subsidiary within a listed asset management firm. The founding directors recognised the huge potential and underwent a management buyout in 2002.
Since then, the Merchant West team has grown exponentially, with the majority situated at our head office in Johannesburg and the balance at our branches in Pretoria, Cape Town and Kwa-Zulu Natal and our franchise in Mpumalanga.

  • 1998

    On the corner of a busy street in Sandton a meeting of minds occured between 3 individuals: "We can offer solutions to a niche market of clients not being serviced by the banks"

  • 1999

    The newly incorporated organisation starts servicing the market by offering Specialised Finance and Property Finance

  • 2000

    Bought Asset Finance Business

    Treasury becomes part of our boutique of offerings

  • 2001

    Our national footprint begins with the establishment of a KZN business relationship

  • 2002

    Finalised the buy-out and re-branding of all business units to Merchant West

    Establishment of Merchant West Holdings

  • 2003

    Finalised Specialised Finance buy-back

  • 2004

    First Collection Agency agreement signed with a bank whereby Merchant West collects the rentals

    Formalised our accounting system with the purchase of a tailor made solution

  • 2005

    Further consolidation of the Group by ensuring all subsidaries are wholly-owned

    Public Sector Finance established

    Merchant West Asset Rentals established

    Rated by Moody's at A1

  • 2007

    First Floor established to sell second hand electronic equipment

  • 2008

    Working Capital Solutions established

    Dirt Diggers established to sell second hand capital goods

    FSB License obtained

  • 2009

    Cape Town and Pretoria become franchises

  • 2010

    Mpumalanga becomes a franchise

  • 2011

    Merchant West finances goods in excess of R1 Billion for the first time

    Full Maintenance Lease division established

    Moved to new premises: 82 Maude Street

  • 2012

    Active book exceeds R1 Billion

    Purchased I to I Solutions and incorporated it into Merchant West Specialised Finance

    Merchant West Working Capital Solutions adds Full Book Discounting to their portfolio

  • 2013

    Audited by the 5th biggest auditing firm in S.A

    Merchant West Collections SPV is established

    Merchant West Working Capital Solutions establishes securitisation

    Official launch of our new brand - "The Abacus"

  • 2014

    Ariva acquisition

    International Finance Corporation approves investment into Merchant West Working Capital Solutions with AAA rated bonds - first international investor and this is followed by Nedbank as a second investor

  • 2015

    The Capital Markets Division offers FEC funding facilities to clients

    Merchant West launches staff share incentive trust

    Secured loan and cession financing on our balance sheet

  • 2016

    Converted our KZN franchise to a fully fledged branch.

    Restructured business to be product focused rather than regionally focused

  • 2017

    We listed our bonds on the JSE

    Merchant West Working Capital Solutions secures a Global Credit Rating of AAA

    MW exceeds 150 staff members for the first time

    Ariva moves into MW offices in Sandton

  • 2018

    Merchant West recieved a AAA rating from Global Credit Rating

    Merchant West Asset Rentals issues second Tranche of Notes on the JSE

Group Executives


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