Banjo Loans Business Loan Flexi

About Business Loan Flexi

Banjo Loans publishes these details for Business Loan Flexi: structure term loan; loan amount $20K to $2M; term 1 yr to 16 mths; security varies; time trading 2+ years trading; turnover $500K+ annual turnover. Not published by Banjo Loans for this product: maximum LVR, documentation. Ask the lender or a finance specialist to confirm these before you apply.

How it differs from other Banjo Loans products

• Asset Finance Excel: Structure is term loan here and equipment loan for Asset Finance Excel; term is 1 yr to 16 mths here and 1 yr to 5 yrs for Asset Finance Excel; security is varies here and asset-backed for Asset Finance Excel; funding time is answer generally within a few business hours; funds within 24 to 72 hours, subject to approval here and initial assessment within 24 business hours; funds in as little as 24 hours, subject to approval for Asset Finance Excel.
• Asset Finance Express: Structure is term loan here and equipment loan for Asset Finance Express; loan amount is $20K to $2M here and $20K to $750K for Asset Finance Express; term is 1 yr to 16 mths here and 1 yr to 5 yrs for Asset Finance Express; security is varies here and asset-backed for Asset Finance Express.
• Business Loan Bridge: Term is 1 yr to 16 mths here and 2 mths to 6 mths for Business Loan Bridge; security is varies here and secured for Business Loan Bridge; funding time is answer generally within a few business hours; funds within 24 to 72 hours, subject to approval here and assessment within a couple of business hours; funds in as little as 24 hours if approved for Business Loan Bridge; guarantees is director guarantees may be required; some security is generally required for this product here and director guarantees may be required; a general security deed or other security may be required for larger loans for Business Loan Bridge.
• Business Loan Excel: Term is 1 yr to 16 mths here and 6 mths to 5 yrs for Business Loan Excel; documentation is published for Business Loan Excel (10 online questions plus identity and data verification) but not for this product; funding time is answer generally within a few business hours; funds within 24 to 72 hours, subject to approval here and assessment within a couple of business hours; funds in as little as 24 hours if approved for Business Loan Excel; suitable purposes is cash flow here and stock, Growth, Cash flow, Something else for Business Loan Excel.