Banjo - Business Loans Employee Directory
Financial ServicesVictoria, Australia51-200 Employees
Banjo is an online lender in the financial services sector, offering secured and unsecured loans to small businesses. The company aims to provide alternative capital to owners who rely on credit cards, helping manage cash flow and support growth. In evaluating loan applications, Banjo considers not only collateral but also business activity and a range of industry data to form a holistic view of a business’s position, enabling it to approve a higher share of applications. Once approved, customers can access an ongoing loan facility and withdraw additional funds without reapplying, with a streamlined online process and straightforward fees that can result in funds being deposited within 72 hours. Headquartered in Melbourne, Banjo positions itself as a partner to small businesses, acknowledging that business needs can change rapidly and emphasizing flexibility, easy application, and a no early exit fee policy for loans that are paid off early. The company has expanded its leadership and partnerships through recent appointments and collaborations, reflecting its growth within the non-bank lending space in Australia.