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Banjo Loans

SKU: 6b4d43f40889 Categories: ,

Profile

Department Name

Banjo Loans

Minimum Interest Rate (% pa)

15% to 16%

Maximum Interest Rate (% pa)

20% and Over

Loan to Value Ratio

Not applicable. We offer unsecured loans. Risk based assessed on ability to repay based on the business' financials, and Director credit history

Security Structures

Unsecured loans. Majority of the time require a Directors guarantee to proceed. Any loans values over $250,000 (max $400,000) will require a GSA

Minimum Loan Tenor (months)

6

Maximum Loan Tenor (months)

12

Minimum Loan Size ($)

20,000

Maximum Loan Size ($)

400,000

Business Loan

Cash Flow Lends

Max Debt / EBITDA Ratio (x)

3

Lender Credit License

Yes

Product Sheet

Banjo LoansProduct Sheet

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