Lender panel
Banjo through Lyft Money
Banjo Loans is an Australian non-bank SME lender that distributes largely through accountants and finance brokers rather than direct-to-consumer advertising. It offers business loans and lines of credit to established small and medium enterprises, with an assessment approach that engages more closely with financial statements and the story behind the numbers than a purely automated lender does.
Lyft Money is an independent broker. Banjo is one of 18+ lenders on our panel; we are not Banjo and do not speak for them. Product details change — your broker confirms current terms before anything is submitted.
| Typical amounts | $20,000 – $1,000,000 |
|---|---|
| Typical speed | Commonly two to five business days |
| Products we place | Unsecured business loan, Secured business loan, Business line of credit |
| Website | banjoloans.com |
Where Banjo is strong
- Credit team engages with accountant-prepared financials and business context
- Broker and accountant distribution means applications are presented properly
- Facilities available for both growth funding and working capital
Things to weigh up
- Suited to established businesses rather than new ABNs
- More documentation required than a purely bank-statement fintech lender
- Security and guarantee requirements vary with the amount sought
Banjo occupies useful middle ground between bank lending and fast fintech money. Where a business has a real trading history and reasonable financials but does not fit a bank's narrow policy — a lumpy year, a recent acquisition, a growth phase that stretched working capital — a lender willing to read the file rather than score it can produce a better answer.
That comes at the cost of a heavier document pack and a slower process than a same-day lender. We generally use Banjo where the amount is meaningful, the purpose is growth or restructure rather than an emergency, and the accountant can support the application with current numbers.
Key terms
Banjo business loan through a broker
A non-bank SME term loan arranged through an accredited broker or accountant, assessed on financial statements and business context rather than automated scoring alone.
Banjo line of credit
A revolving working capital limit for an established business, drawn and repaid as trading needs change.