Non-bank SME lender
Banjo
Banjo is a non-bank lender offering term loans to Australian small and medium businesses. Check whether Banjo fits your client's scenario before you call.
Products
Term loan
Lender overview
Banjo business loans for growing SMEs
About Banjo
Banjo is an Australian non-bank lender to small and medium businesses, offering business loans and asset finance. It was founded in 2015 by former NAB banking executives, and its CEO is Guy Callaghan.
How Banjo lends
Banjo says it looks beyond traditional assets and collateral to build a holistic view of the businesses it lends to, focusing on established SMEs. It doesn't generally take security over assets, though director guarantees or other security can apply depending on the loan. Applications can be made online or through an accredited partner.
Banjo products
Business term loan: a lump sum repaid over a set term with regular repayments. Brokers commonly use term loans for working capital, stock, equipment, fit-outs or growth.
Asset finance: funding for business assets and equipment.
Working with Banjo as a broker
Banjo runs an Accredited Partner Program for brokers, accountants and advisers. Partners get their own relationship manager to workshop client scenarios, can speak directly with credit decision-makers, and submit applications through the Banjo Partner Portal, with status updates by email, SMS and in the portal. Banjo says commission is paid on both new loans and reborrows, within two weeks of a loan being funded, and it notifies partners when a client becomes eligible to reborrow. It also publishes a Partner Knowledge Hub for brokers.
What your client will usually need
Active ABN or ACN
Director details, where a guarantee applies
Is Banjo the right fit for your client?
Loan amounts, terms, minimum trading history and turnover change over time, and every lender sets its own policy on credit, industry and security. Enter your client's scenario in Visro to see whether Banjo fits today and how it compares with the rest of the panel. Lenders can't pay to rank, so results reflect policy alone.
Banjo FAQs
Is Banjo a bank?
No. Banjo is a non-bank lender to Australian SMEs.
Does Banjo work with brokers?
Yes, through its Accredited Partner Program, with a relationship manager and the Banjo Partner Portal.
Does Banjo pay broker commission?
Banjo says it pays commission on new loans and reborrows. It doesn't publish rates.
Does Banjo take security?
Banjo says it doesn't generally take security over assets, though director guarantees or other security can apply.
Does Banjo offer asset finance?
Yes. Banjo offers asset finance alongside its business loans.
Similar lenders on Visro
Sources
Information on this page is general, is based on Banjo's public materials and industry news, and was last reviewed in November 2026. It may change. Always confirm current products and terms with Banjo.
The answers, already written down
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Lender names, logos and trade marks belong to their respective owners and are used only to identify the lender. Inclusion on Visro does not mean a lender endorses Visro or has a commercial relationship with us. Product information is general, may change, and is not an offer or recommendation of credit. Always confirm details with the lender. Visro does not provide credit assistance or financial advice.