Going places with Banjo Loans

06th Sep, 2022 | Branch News 8 September 2022, Lender Updates

In this article:
Banjo Loans has helped a manufacturing company secure needed capital.
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Banjo Loans has recently helped a company that was seeking funding to purchase and import new machinery from China.

See snapshot below of how they helped the business.

Industry
Manufacturing – Fruit and Vegetable

Loan Amount
$250,000

Time in Business
5 years

Structure
Company

Annual Turnover
$5.6m

Total Deal Time
3 days

 

A bit of background

  • This business manufactures fruit and vegetable based cold pressed juices.
  • They also distribute their own juices to different cafes, grocery stores and more. 

How did Banjo Loans help them move forward?

  • Due to the business appearing to be growing and profitable, Banjo was happy to assist with their funding needs.
  • $250,000 over a 36-month period was provided within 3 days.
For any questions please reach out to your BDM.