An optimistic end to the 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:
- A small but broad uptick in borrowing across sectors during the June quarter
- An encouraging jump in applications by SMEs in New South Wales and Victoria
- Doubts about serviceability remains the key factor in loan declines
- Arrears are being kept in check by the majority of sectors.
Get the snapshot with the Banjo Barometer.