Going places with Banjo Loans

Banjo Loans has recently helped a company that was seeking funding to purchase a new machinery.

See snapshot below of how they helped the business.

A bit of background

• A N.T owned and operated company that has extensive knowledge of used cars.
• They have recently expanded its services to include vehicle restoration and tire retail.
• The business has recently injected over $400K of equity into the company, and as a result has remained profitable with a growing turnover.

• Providing confidence with its profitability, Banjo provided a working capital loan of $315,000 over a 36-month period which was funded in 2 days.
• This cash injection provided funds to purchase its machinery for its successful business growth and expansion.

For any questions please reach out to your BDM.