‘Cautious selectivity’ the motto for new financial year
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:
- loan applications are up, despite a sluggish market
- businesses are taking longer to make financing decisions and draw on loans
- outstanding arrears are down at historically low levels
- ATO debts are becoming prominent on loan applications.
Get the full picture with The Banjo Barometer.