With only 10 simple online questions to complete, along with identity and data verification, an application takes just minutes. You’ll generally get an answer from us within a few business hours. There’s no paperwork to fill out, and we accept electronic signatures. Finally, once your loan is approved, the funds are deposited in your account within 24 to 72 hours.
We offer 6 distinct loan products with varying terms, to suit a broad range of business needs.
Banjo Business Loan Excel – Ideal for fixed term finance such as working capital. The loan term offered ranges from 6 months to 60 months.
Banjo Business Loan Express – A funding solution for SMEs to access funds faster with less paperwork.
Banjo Asset Finance Excel – A flexible asset loan to finance the vehicles or equipment you need to get your business moving forward.
Banjo Asset Finance Express – Hard-working business clients who need asset finance to keep moving, but don’t fit the typical asset finance loan formula, can now apply with Banjo.
Banjo Business Loan Flexi – Ideal for those businesses that have fluctuating revenue and cashflow needs throughout their business cycle. Loan term offered ranges from 12 months to 16 months, with up to 4 months of interest expense only period.
Banjo Business Loan Bridge – A bridging finance facility enabling you to release the funding needed to help move your business forward now.
Banjo has a national reach, with team members located throughout Australia. Our head office is based in Melbourne VIC.
Banjo is one of the leading online lenders to small and medium enterprises (SMEs) in Australia. We’ve been helping to power SMEs across the nation since 2015. By combining rapid data analysis technology with a personalised relationship approach, we offer our clients the best of both worlds. Our team is wholly Australia-based, and from a range of backgrounds, including some with up to 40 years’ banking experience.
Banjo holds an Australian Financial Services License that allows us to lend to Australian businesses.
