"An online lender providing secured and unsecured loans to small business."
Is an online lender providing loans to small and medium sized Australian businesses. It is typically referred to as a Financial Services Technology (fintech) company.
They understand that dynamic, innovative businesses often move faster than traditional valuations. When considering an application for a loan, we look at more than just assets or collateral. We also consider business activity and multiple sources of industry data to obtain a more holistic view of a business’s position. As a result, we can approve more loans than many other lenders, while still lending responsibly.
Their Our “customer first” approach means you still get good old-fashioned service from our highly skilled financial specialists who carry a wealth of banking experience. But more than that, you also benefit from our team’s business insights and ongoing support.
At Banjo is committed to making a difference to your business to help you grow.
What we did for Banjo
- Automated the CFO role at Banjo from 3 days a week to 3 days per month (75%-time reduction).
- This was done using a fully integrated financial model for the fintech start-up (fund and fund manager) leveraging their core lending system and cloud-based accounting package Xero.
- Built the capital raising model to support Banjo’s series B rounds and beyond for the fintech SME lender.
- Undertook some credit modelling analysis on their loan book having regard for the PD, EAD and LGD across the portfolio on each individual loan.
