Finance that works for you
Apply for a business loan in 7 minutes and get a decision within 24 hours.
Our business loan
We look after our customers,
but don’t take our word for it
Turnover has more than doubled in two years
Moula helped us to bridge the gap between payments and released money that has gone into more resources, materials, and ultimately running more projects at any one time. Our turnover has more than doubled over the past 2 years largely because Moula has made the process of acquiring funds so easy.
Nick Carpenter – Melbourne Paving
Excellent Rates, Process & Service 10/10
I cannot fault the process or the service provided by Moula, and in my case by Shaun. I have also found Moula’s fees, charges and interest rates to be very competitive for the types of products offered. The application process is streamlined and surprisingly fast and easy.
Frank Maloney
We LOVE Moula
“I couldn’t recommend them more. Such a personal experience and they are so efficient and get back to you so quickly”
Emily Hutchison – hutch
Easy to apply.
Simple as 1, 2, 3.
Apply for a business loan online in just 7 minutes, by following these three easy steps:
Have questions? Our friendly team is available on 1300 88 09 72 weekdays 9am - 5pm AEDT
Business Loan FAQs
To be eligible for a loan, you will need to have:
- An ABN or ACN
- Been in business for at least 6 months
- At least $10,000 in monthly sales
- GST registration
You can borrow between $10,000 and $250,000. When you apply, we’ll let you know how much we’re able to lend based on your business’ data.
With Moula, there are no hidden fees and no hassle. We charge a 2% establishment (upfront) fee, but there are no transaction fees, and no early repayment fee or pre-payment of interest when the loan is paid out after 3 months. You pay back what you borrowed (principal) plus interest. Our interest rates range from 15.99% – 35.99% APR. We provide a very clear loan schedule setting out repayments and timing.
Check out our business loan calculator where you can get a clear picture of how much you’ll pay for the amount you wish to borrow, and download a sample repayment schedule for yourself.
A big difference between Moula and other lenders is that we don’t charge any sneaky additional fees whatsoever. We keep our pricing totally transparent, so you know exactly how much our loans cost.
Check out our business loan calculator where you can get a clear picture of how much you’ll pay for the amount you wish to borrow, and download a sample repayment schedule for yourself.
You can apply online in under 7 minutes, and will get a decision with 24 hours. If your loan is approved, the funds will be in your account within 24 hours.
By linking your business data to your application, we can view your transaction data and make a decision within 24 hours; much faster than banks, which can take 6 to 8 weeks to process an application.
Unlike a traditional loan, we’ve also eliminated the fine print, hidden fees, and complex paperwork. This means you understand what’s going on at every stage, and know exactly what your loan agreement means. We’re here to help grow your business, not hold it back.
Once you’ve told us who you are and given us to access your business data, we can make a responsible lending decision based on factors such as business profile, time in business, and transaction volume.
Yep, as with traditional lenders, we’ll check your credit score to help us make a responsible lending decision. We’ll always ask your permission before running a credit check.
Not much. Once you’ve permissioned us into your banking or accounting data, we can make our decision fast.
To comply with relevant law, we’ll also need your ABN or ACN, and we’ll also collect some personal, business and credit information along the way.
Moula’s here for the business community, not for the consumer. As such, we’re not licensed to provide consumer credit and need to be certain that any funds provided are for business purposes.
If your annual turnover is less than $75,000 and your business isn’t GST-registered, you’re still eligible to apply.
