How it works

Our application process is convenient, easy and quick.

Apply online

Access the online application from your laptop, desktop, tablet or mobile. Apply in as little as 10 minutes.

We bring all the relevant information together

Traditional lenders usually only look at assets and collateral when evaluating loan applications. However by linking your accounting software, we can also consider your business activity. That way, we can approve more loans than many other lenders. It also means a faster application process with less paperwork.

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Define your business goals

At Banjo, we believe our job is to combine the power of data with the passion of business owners. So after we receive your application, one of our team will give you a call to discuss how we can help your business grow.

Funds transferred to your account

Once approved, your loan schedule of payments and documentation will be sent electronically. You can accept by e-signature, and nominate the bank account where you would like the funds transferred. We’ll send you an SMS confirming the transfer.

Grow your business

With the funds in your account, you can grow your business. And remember, once your Banjo loan has been approved, you can apply for additional funds utilising a streamlined application and approval process. So your business can respond to day-to-day needs and plan for the future.

* Disclaimer: Fees, lending criteria, terms and conditions apply (including a origination fee on each advance of 1.5% for 6 months, 2.25% for 12 months, 2.5% for 18 months or 2.75% for 24 months). Actual fixed fee (or interest expense) and repayments will vary based on your individual circumstances. Advertised rates are subject to change at any time. Fixed fee (or interest expense) accrues upfront and is paid in instalments. While Banjo does not generally take security over assets, director guarantees may be required and, if a loan is over $250,000, a general security deed or other security may be required. Statements regarding timing in relation to applications, approvals and funding are only indicative. Any advice given does not take into account your personal circumstances and you should carefully consider what products are appropriate for you and obtain professional advice where relevant.