In this article:
Banjo Loans has recently helped a wholesale trade company that was seeking debt consolidation financing for general support of its strategic growth initiatives.
See snapshot below of how they helped the business.
Industry Wholesale Trade |
Loan Amount $430,000 |
Time in Business 9 years |
Structure Company |
Annual Turnover $3.5m |
Total Deal Time 3 days |
A bit of background
• Trading since 2014, this company has multiple independent businesses operating under one ABN. It has strategic industry growth initiatives and debt consolidation across its subsidiary businesses was required.
How did Banjo Loans help them move forward?
• Due to this client’s good payment history with their previous lenders, Banjo had the flexibility to assist with their funding needs.
• Banjo provided a $430,000 Working Capital loan over 36 months in as quick as 3 days.
• This business was able to consolidate debts making its debts more manageable.
For any questions please reach out to your BDM.