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Impacted by COVID-19? Find out more
If you've been impacted by COVID-19, we're here to help. Find out more.

Support for businesses
during COVID-19

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Moula has been selected by the Commonwealth Government to participate in the Coronavirus SME Guarantee Scheme.

Under this Scheme, Moula will be able to support even more Australian businesses during these uncertain times by providing:

  • Coronavirus SME Guarantee Scheme loans of up to $250,000 for new and existing customers
  • Repayment relief to defer principal and interest repayments for 6 months (with interest to be capitalised)
  • Subject to underwriting criteria, available to SMEs, including sole traders, with a turnover of up to $50 million
  • Unsecured business loans, meaning that borrowers will not have to provide an asset, such as their family home, as security for the loan

Funds will be made available soon. If you would like to apply for a Coronavirus SME Guarantee Scheme loan or have any questions about the scheme, please complete the form below.

We're currently receiving a high volume of enquiries

Please bear with us while we try to get back to you as quickly as possible.

Register your interest

Please register your interest for a Coronavirus SME Guarantee Scheme loan here, and we’ll get back to you as soon as the funding becomes available.

Business Loan FAQs

Loans will be made available to:

  • Australian SMEs, including sole traders, with a turnover of up to $50 million
  • who are either existing or new customers
  • with a minimum of $5,000 turnover per month and 6 months in business

Please complete the form above and we will get back to you as soon as we can.

Yes, existing customers are eligible to access the Coronavirus SME Guarantee Scheme. However, funds provided under this scheme can not be used to refinance existing business debt.

The funds can be used for any business purpose, excluding refinancing existing business debt, such as paying for employee salaries, paying for rent or covering revenue shortfalls.

The Australian Government has unveiled a coronavirus economic stimulus package to support affected individuals, businesses, and the broader community. This package covers an increase in cash flow assistance of up to $100,000 to help SMEs continue paying wages, wage subsidies for eligible employers of trainees and apprentices, income support for sole traders and the self-employed, early access to superannuation, and temporary relief for financially distressed businesses. Moula has provided more detail on what Australian SMEs need to know. For the full scope of the package and to see if you’re eligible to claim assistance, please refer to the Australian Government’s Economic Response to the Coronavirus.

AFIA Moula Business Loan Code Compliant

Our business loans are proudly AFIA code compliant

Have questions? Our friendly team is available
on 1300 88 58 93 weekdays 9am - 5pm AEDT

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