Business lending

Business lending

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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About us

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Banjo Business Loan Express

Loans from $20k to $250k
6 to 60 month 
loan terms
Less business documentation
Quick decisions and fast funding

Simple access to growth capital

Business Loan Express helps businesses who are in a hurry to get funds to secure an opportunity they do not want to miss.

You can apply for a loan in as little as 10 minutes via our simple online application. Our decision-making process is quick and streamlined. Once approved, funds are available in your bank in as little as 24-48 hours. You can relax knowing you will have funds available in time for your next opportunity.
Start your application today.

Get moving with Business Loan Express

Start your application today.

Apply Now


Get started in three simple steps

Apply online
Apply Online
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.
Receive your funds
Funds can be transferred directly to your account in as little as 24-48 hours if approved.


Let's get your 
business moving.

All you need to get started:
An active ABN or ACN
2+ years in business
$500,000+ in annual sales
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

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

Banjo Business Loan Express

Frequently Asked Questions

How often are repayments?

Banjo offers a choice in repayment cycles that fit in with your cash flow cycle – weekly, fortnightly or monthly.

Can I make a prepayment or repay a loan early?

Yes, you can repay a loan early. If you choose to, you will only pay the remaining principal plus a pro rate of the instalment of the interest cost for that payment period.

Are there other fees or hidden costs?

No, there are no other charges or costs if you take a standard loan and comply with the terms of your loan.

If you are required to provide security as a precondition to a loan, we may charge fees relating to the registration of a security. We will obviously notify you if this is relevant prior to you entering into a loan.

The only other charges that may apply are dishonour/late fees and default interest (which will only apply if you fail to pay a scheduled repayment on time) and our enforcement costs if you default. If you are in default, instead of requiring you to repay your loan at that point we may charge an additional risk margin (but will always give you prior notice and an opportunity to avoid that additional margin by repaying the loan instead).

What happens if a business can’t repay their loan?

Our experienced client representatives will work proactively with the business to find a positive solution. We highly recommend you give us a call immediately after any changes in your business that would impact your financial situation. This allows us to work towards a solution with you. It may involve an amendment to the contract or developing alternate options.

If a business defaults on the loan, Banjo has many rights and you should refer to the loan and, if applicable, any security agreements for more detail. Generally, a business will be charged default interest on any overdue amount and fees in relation to any rejected payments. Banjo may also apply an additional risk margin in respect of future payments or have the remaining scheduled repayments re-rated.

If the default is serious, Banjo may demand repayment of the loan and may take action to recover the funds (including referring the debt to a third party debt collection agency for recovery action). We may elect to report defaults to credit reporting agencies.

Do I have to provide all the information again when I re-apply for a new loan?

No. You’ve given us all the information first time round. Re-applying for a new loan generally only involves checking that the information you previously provided is still valid and up-to-date, unless a certain time has passed since your initial application. You’ll then give your consent and hit the submit button.

Why does Banjo need me to log into my bank account, and is it safe?

By providing your login details, you are giving us authority to download and assess your business bank transactions on a “Read Only” basis. Analysis of bank statement history is part of our process and it’s all done automatically. All communications within our application are encrypted using a commercially available cryptography. We cannot see your username or password and cannot transact on your account. We only read basic account ownership information such as the account name and registered address.

What do you do with my information?

We will collect, use, hold and disclose your personal information in accordance with the Australian Privacy Principles, the Privacy Act 1988 (Cth) (Privacy Act) and our privacy policy.

For the most recent copy of our privacy policy, please visit

Do you check my personal profile with a credit agency?

Yes, checking the Director(s) profile/s with a respected credit agency helps us in making responsible lending decisions.

Why do you need to run ID checks on the Director(s) of the business?

Background checks are necessary to meet regulatory requirements. They’re also part of Banjo’s credit assessment process.

Who qualifies for a Banjo loan?

Borrowers must generally meet the following minimum criteria:

  1. Registered Australian business and Australian citizen or permanent resident.
  2. The business must be at least 2 years old and have a minimum annual turnover of $500,000.

Other lending criteria will apply. Typically, we do not lend to businesses in the property development or regulated utility industries.

How simple is your application process really?

With only 10 simple online questions to complete, along with identity and data verification, an application takes just minutes. You’ll generally get an answer from us within a few business hours. There’s no paperwork to fill out, and we accept electronic signatures. Finally, once your loan is approved, the funds are deposited in your account within 24 to 72 hours.

What products does Banjo offer?

We offer 6 distinct loan products with varying terms, to suit a broad range of business needs.

Banjo Business Loan Excel – Ideal for fixed term finance such as working capital. The loan term offered ranges from 6 months to 60 months.

Banjo Business Loan Express – A funding solution for SMEs to access funds faster with less paperwork.

Banjo Asset Finance Excel – A flexible asset loan to finance the vehicles or equipment you need to get your business moving forward.

Banjo Asset Finance Express – 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.

Banjo Business Loan Flexi – Ideal for those businesses that have fluctuating revenue and cashflow needs throughout their business cycle. Loan term offered ranges from 12 months to 16 months, with up to 4 months of interest expense only period.

Banjo Business Loan Bridge – A bridging finance facility enabling you to release the funding needed to help move your business forward now.

Where is Banjo based?

Banjo has a national reach, with team members located throughout Australia. Our head office is based in Melbourne VIC.

Who is Banjo?

Banjo is one of the leading online lenders to small and medium enterprises (SMEs) in Australia. We’ve been helping to power SMEs across the nation since 2015. By combining rapid data analysis technology with a personalised relationship approach, we offer our clients the best of both worlds. Our team is wholly Australia-based, and from a range of backgrounds, including some with up to 40 years’ banking experience.

Banjo holds an Australian Financial Services License that allows us to lend to Australian businesses.

Financial solutions to suit 
your business needs

Business Loan Excel

Borrow from $20k to $2m for your business, with flexible terms and a range of repayment options. Simple.
Find out more

Asset Finance Excel

A flexible asset loan to finance the vehicles or equipment you need to get your business moving forward.
Find out more

Business Loan Bridge

Banjo makes it easy to access the working capital funding you require prior to settlement.
Find out more

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.