Businesses take a hard defensive position
We’ve got the latest on the SME market – a 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:
- businesses are focused on funding for essential costs and cashflow
- arrears have been paid down to a multi-year low
- the smaller operators have increased their average loan size
- loan quality remains steady, despite ongoing tough conditions
Get the full picture with the Banjo Barometer.