Business lending

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Simple, swift working capital and asset finance to help growth-driven businesses to develop and succeed.

Banjo Express

Get fast access to funds with less paperwork

Flexi Working Capital Loans

Get up to 4 months interest expense only repayments with

Single Pay Loans

Get a bridging finance facility to release working capital

Working Capital Loans

Get cashflow funding options to help growth

Asset & Equipment Finance

Get a flexible asset loan to finance assets and business moving forward

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Business lending

Banjo Asset Finance Express

Asset Finance with less hoops.
Loans from $20k to $250k
Loan terms from 12 to 60 months
No deposit for loans under $150k*
No need to be backed by property

Built to get ahead

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.

It doesn't get much easier than this:
•  Next-to-no doc requirements
•  Banjo's express turnaround
•  No deposit for loans under $150k*
Start your application today

Get moving with Asset Finance Express

Start your application today.

Apply Now


Get started in three simple steps

Apply online
Head to 'Apply Now'
Complete the simple online application in as little 
as 10 minutes.
Get approved
We’ll review and assess your application within a couple of business hours.
Get access to your asset
If approved, you can get 
into your new asset in as 
little as 24 hours. 

No property?
No deposit?
No problems.

All you need to get started with Asset Finance Express is:
1+ years ABN and GST registered
12-months bank statements
Goods invoice
Typically, we do not lend to businesses in the property development or regulated utility industries. Generally, the provision of some security will be required for this product.

Apply Now

Banjo Asset Finance EXPRESS

Frequently Asked Questions

What is Asset Finance Express? 

Banjo Asset Finance Express (or next-to-no doc) is a loan that enables businesses to purchase and own equipment from the beginning. Our next-to-no doc process involves a quick 5-minute online submission, bank statements only assessment and very minimal documents to secure your conditional approval.

What loan amount can I borrow and over what term? 

Banjo can consider loan amounts ranging from $20k to $250k over 12 to 60 months. 

Who qualifies for an Asset Finance Express loan?

Minimum eligibility is an established ABN business with 1 year trading history and GST registered. Other lending criteria may apply. 

What type of assets or equipment can I finance?

Banjo Asset & Equipment Finance Express is suited to primary (wheeled assets) and secondary (non-wheeled assets) income generating, serialised assets that help move businesses forward. Some examples include (but not limited to): 

  • Vehicles: Cars, light commercial vans, forklifts, trailers, trucks, SUVs and Utes. 
  • Business Equipment: Construction equipment, earthmoving equipment, landscaping equipment, manufacturing equipment, quarrying equipment, medical equipment and waste/recycling equipment. 
Is there any asset and equipment age guidelines? 

Generally, Banjo can consider the following end of term (the age of the asset at the end of the loan term) ages: 

  • Primary (wheeled) Assets: 20 years 
    • Motor vehicles: 15 years
    • Trailers: 25 years 
  • Secondary (non-wheeled) Assets: 10 years 
    • Medical Equipment: 5 years 

Do you have an asset or equipment outside the above guidelines? If so, please contact your Business Development Manager who is available to discuss your options. 

Does Banjo consider balloon payments? 

Banjo does consider balloon payments on a case-by-case basis. A balloon payment is a lump sum repayment at the end of the loan agreement after all regular repayments have been met. Where a loan is eligible for a balloon payment, your regular repayments will be lower, and you will pay more interest over the loan term. Where a loan does not have a balloon payment, your regular repayments will be higher, and you will pay less interest and there will be no lump sum repayment at the end of the loan term.

How long does the express application process take? 

Upon receiving the application, our team will review and provide an initial assessment within 12 business hours. Generally, once loan documents are complete and in order, our team will conduct final checks to enable you to access your equipment. 

Who can I speak to about my Asset Finance Express options? 

You can speak directly with a local Business Development Manager to assist with any questions you may have, or reach out on 1300 22 65 65. 

Proud to be recognised for our 
award-winning small business loans

Financial solutions for your business

Business Loan Excel

Borrow from $20k to $2m* for your business, with flexible terms and a range of repayment options. Simple.
View Details

Business Loan Express

A funding solution for SMEs to access working capital faster with less paperwork.
View Details

Asset Finance Excel

A flexible asset loan to finance the vehicles or equipment you need to get your business moving forward.
View Details

Our commitment to you

* Disclaimer: Fees, lending criteria, terms and conditions apply (including an origination fee on each advance). 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 a general security deed or other security may be required for larger loans or in respect of some loan types. 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.

Copyright © 2022 Banjo® Loans. Banjo® and Banjo Score® are registered trade marks used under licence by Banjo Loans. All loans are provided by FundIT Ltd ACN 601 130 527 in its capacity as trustee of the Banjo Small Business Loan Fund ABN 32 713 685 984 (AFSL 468033). All loans are subject to eligibility criteria and approval by Banjo. Upfront fee, terms and conditions apply.