Going places with Banjo Loans

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.

Community Pharmacy Report for Brokers

Westpac is excited to share the launch of Westpac and the Pharmacy Guild of Australia's Data Driven Insights 2022: Counting on Community Pharmacies Report, shining a light on the critical role of community pharmacy in the broader Australian healthcare system.

To download the full report, head to their website.

Drawing on transaction data from more than 10 million Westpac Group cardholders, and 800 pharmacies across the nation, the report focuses on seven trends that emerged from an analysis of community pharmacies in Australian society over the last three years.

Below should give you a taste of what you can expect from the report.

If you have any questions, refer to your Vow Financial BDM.

Resi Essentials Loan Sizes Increased!!!!

This is the moment we've been waiting for. Resi is excited to announce that their loan sizes have increased, effective Monday 5th September 2022.

*WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

To check out Resi's rate card, click here.

For more information, please see their website, alternatively please contact broker support or your BDM.

eMOS Decommissioning at ANZ

Effective Saturday 8 October 2022, eMOS will no longer be an acceptable form of application submission with ANZ.

As of this date, brokers will no longer be able to submit applications to ANZ via eMOS.

Brokers will not be able to download the eMOS package from the Broker Portal or upload the eMOS file as a form of application submission.

Brokers will also need to delete the eMOS software package from their system.

For any accepted applications prior to 8 October 2022, brokers will continue to receive any correspondence including status updates as per the current process with the application number provided. If an application number is not received prior to 8 October 2022, brokers will be required to re-submit the application via ApplyOnline or Loanapp (there will be no transferring of eMOS data by ANZ).

If you have any questions, refer to your Vow Financial BDM.