banjo-logo
Media enquiries 

The Banjo Barometer

Quarterly insights on SME lending activity.
The New Year has started with what would have been unimaginable six months ago – the prospect of interest rates increasing.

With inflation sticking like chewing gum on the shoes of the economy, SMEs are cautious – and new loan applications are flat.

Discover more about the SME landscape with our latest snapshot of loan activity, performance and trends to help your business decisions.

As a seasoned non-bank business lender, Banjo’s portfolio serves as a barometer for the state of SME businesses across Australia.

Our latest analysis shows:
  • Loan applications were 5% down on last year
  • Medium sized SMEs are leading the pack with borrowing
  • Businesses have halved arrears by a massive 41%
  • More businesses are sitting on the sidelines – starting loan applications but not following through.
See more with our snapshot of SME loan activity with the Banjo Barometer.

Download THE
Banjo Barometer

  • This insightful resource has become a reliable tool
    for strategic planning. It provides actionable intel
    for staying in touch in what is a highly competitive business landscape.

Helping hard working Australian businesses to continue to grow

A BIT ABOUT BANJO LOANS
We’re a team who understands that small to medium-sized businesses are the engine room of our economies, cities and communities. Our mission is to power their growth through simple, smart financial solutions. Banjo makes it easier for businesses to access the right finance they need to move forward. We’re proud to assist in helping businesses to reach the next chapter in their development and success.

We help a broad range of businesses to grow and reach their potential.

banjo-logo
Copyright © 2023 Banjo® Loans. Banjo® and Banjo Score® are registered trade marks used under licence by Banjo Loans. All loans are provided by FundIT Ltd ACN 601 130 527 in its capacity as trustee of the Banjo Small Business Loan Fund ABN 32 713 685 984 (AFSL 468033). All loans are subject to eligibility criteria and approval by Banjo. Upfront fee, terms and conditions apply.
© Banjo Loans 2026 | Funds2Market Pty Ltd.
|
Privacy Policy
|
Terms and Conditions
|
Sitemap