Banjo Loans to host webinar on SME growth

Non-bank lender Banjo Loans is set to host a free webinar aimed at small and medium enterprises (SMEs), highlighting the importance of expert advice throughout the different stages of a business’s journey.

Titled It Takes a Business Village, the webinar will take place at 11am on Tuesday, October 1, 2024, and will focus on how a network of professional advisors can help businesses secure funding, manage risks, and drive growth.

Only one in eight small businesses reportedly seek advice from finance brokers, a news release noted. Banjo Loans aims to emphasize the value of consulting a diverse set of experts.

The webinar will feature a panel of four industry leaders, each specializing in key areas crucial to the success of SMEs. The speakers include Nick Rogers (pictured), head of sales at Banjo Loans; Matthew Boglis, managing solicitor director at Mason Black + Mendelsons Lawyers; Sonja Pfitz, director and founder of Pfitz Financial & Business Solutions; and Adrian Palone, partner in Business Advisory at William Buck.

Planning for long-term success

Rogers described the event as an opportunity for SME owners to gain valuable insights from professionals with deep expertise in legal, financial, and business advisory services.

“Matthew, Sonja, and Adrian are all experts within their respective fields and have a wealth of knowledge on legal, financial and advisory challenges faced by business owners,” noted Rogers. “Asking for advice and consultation is sometimes essential for SMEs to reach their full potential, and this webinar aims to share practical advice on when it’s best to get in touch.”

The session will explore several key topics designed to benefit SMEs, including:

• The role of an advisory network in guiding businesses at every stage of their journey.
• Effective strategies for structuring a business and securing startup funding.
• How accountants and lawyers can assist businesses with cash flow management and growth.
• The contribution of finance brokers to wealth creation and business expansion.
• How external advisors can help businesses prepare for exit or extension stages.

Rogers emphasized that seeking expert advice is often necessary for SME success. “We want business owners to take away that they can lean on external expertise at any stage of their business’ life cycle,” he said.

Banjo Loans is an online lender providing secured and unsecured loans to small businesses. It has loaned more than $700 million to thousands of businesses since its inception in 2015. The company’s typical clients have been established for seven to eight years, with annual revenues ranging between $5 million and $15 million.

How important is seeking expert advice in this industry? Share your thoughts in the comments below.