Who is Sepsci Lab Rentals?
Sepsci Lab Rentals, established in 2013, is a proudly South African owned, level 4 B.E.E. company that focuses on the provision of full service instrument lease solutions to clients in the laboratory and medical sectors. The company was established as a direct response to the South African laboratory sector’s requirement for a term product that successfully places instruments in the laboratory, hospital or hospital, together with providing the means for a managed maintenance and consumable supply requirement, whilst alleviating the need for our clients to lay out capital for instrument purchases.
Provision of Off Balance Sheet Operating Rental Contracts, either with or without a managed maintenance element and consumable supply element.
The executive management of Sepsci Lab Rentals are all well versed in the requirements of the laboratory instrument market, from the physical product and financial product perspective. By combining the expertise of our shareholders, being Investrent, Separation Scientific SA and Westbrooke ARIA Ltd, part of South Africa’s largest 12J fund manager) we have been able to identify and package the most appropriate solutions for our focused client base.
Sepsci Lab Rentals provides full service operating rental finance solutions to all creditworthy private and public business entities, governmental institutions and parastatals that meet the requirements in line with our credit policy. The main criteria that Sepsci Lab Rentals considers are;
The structure and very nature of our business dictates that we develop and nurture stable, ongoing relationships with our clients. Our strict policy of integrity and honour ensures that our clients’, and institutional partners’ interests are placed at the forefront in all our business dealings at all times.
Sepsci Lab Rentals believes in and provides services that give all our clients and suppliers true value for money and are sustainable in the long term. This is a key factor in ensuring that we maintain the long-term relationships that are of paramount importance in the achievement of our company’s objectives.
Through technology efficiency and infrastructure support systems we are able to accommodate instrument transactions from a capital value of R 50,000 upwards. Our established debtors management and finance system enables Sepsci Lab Rentals to accommodate large volumes of new full service instrument lease transactions. Our main reason for existence is the development and growth of our instrument base so we naturally want to grow along with our clients.
Central to our philosophy is transparency, honesty and accountability in all our dealings with clients and institutional partners alike. In our business environment, we pride ourselves on this, together with the protection of our clients’ confidential information.
As a focused company with an experienced team, Sepsci Lab Rentals can ably advise on and structure appropriate transactions to meet our clients’ full service instrument lease requirements, whilst at the same time providing an efficient turnaround time on transactions and applications received from our clients.
Our products and services are marketed directly by ourselves and our shareholders and encompass all the major service providers of instrumentation and equipment in our area of focus.
Our commitment to and reputation for nurturing and servicing our funding relationships responsibly ensures sustainable growth, thereby enhancing our services to our clients and suppliers.
To be acknowledged as the preferred, most knowledgeable, most innovative, and most reliable full service instrument lease provider to the laboratory and related sectors by our clients and our suppliers alike.
Stephen Mc Taggart – C.E.O.
Stephen has been in the asset finance sector since 1987 and is a well-versed asset finance specialist focusing, on the technology related sector. Stephen has, together with industry experts, developed and refined a number of products that have assisted in providing clients with the most appropriate and effective laboratory finance solutions for their business’ growth. Stephen also serves on the boards of Investrent (Sepsci Lab Rentals holding company), Innovative Laboratory Solutions, , SCT Credit Solutions, SCT Capital (Mauritius) and Green As NZ (New Zealand).
Tiaan Jonk – Finance
Tiaan graduated from RAU with a B.Comm and from UNISA with a B.Compt Hons, majoring in Accounts, Tax, Auditing and Cost Accounting. Tiaan specialises in financial consulting to the account management industry. Tiaan also serves on the boards of Investrent (Sepsci Lab Rental’s holding company), New Integrated Credit Solutions, SCT Credit Solutions, SCT Capital (Mauritius), Green As NZ (New Zealand), Natural Beverage Company, Green Charcoal SA and Nutristar South Africa.
Greg Northfield started Separation Scientific SA in February 1987. The company initially focused on the Biotechnology market in South Africa and then developed into other laboratory markets, including clinical diagnostics, Life Sciences, Analytical analysis labs and production labs. The company now operates as a group of 8 subsidiaries operating under the group name of Sep Sci Group. The Sep Sci Group of Companies operates on the African continent with a specific focus on the subequatorial African region.