Unsecured term
Banjo Express Loan (Unsecured)
- Unsecured
- Decision in 1-2 business days
Current rate: published on Banjo's own rate card
Specialist
Banjo Loans
MelbourneFounded 2015
Banjo at a glance
Banjo Loans is a specialist non-bank lender. It offers business loans.
- Lender type
- Specialist
- Bank or non-bank
- Non-bank lender (not an ADI)
- Lends
- Business loans
- Headquarters
- Melbourne
Strengths
- Term loans up to $500k unsecured, $1m secured
- Strong broker channel
Watch out for
- Pricing premium on unsecured
- Higher rates than asset-backed peers
Banjo loans and products
What Banjo offers in each category, with the features, eligibility and trade-offs we note. For the current rate on each product, follow the link to Banjo’s own rate card.
Banjo business loans
Compare business loans lenders →Asset-backed term
Banjo Term Loan (Property-secured)
- Secured against property
- Lower rate vs unsecured
Current rate: published on Banjo's own rate card
Alternatives to Banjo
Other lenders in our directory that offer business loans, starting with other specialist lenders.
More on Banjo
- Banjo review
Who they suit, who should look elsewhere, and the verdict.
Banjo: frequently asked questions
Is Banjo a bank?
No. Banjo is a non-bank lender: it is not on APRA’s register of authorised deposit-taking institutions (ADIs), the list of banks, building societies and credit unions licensed under the Banking Act 1959. It lends to businesses, and business lending is not covered by the National Credit Code.