Moula selected for Coronavirus SME Guarantee Scheme
Homegrown business lender Moula is today announcing they have been selected by the Commonwealth Government as one of five non-bank lenders to participate in the Coronavirus SME Guarantee Scheme to…
Broker News: Moula Selected for Government Loan Guarantee Scheme
On 15 April 2020, an AustralianBroker article covered Moula’s selection for the Federal Government’s SME Loan Guarantee Scheme. Fintech Moula has also been selected as one of the five non-bank…
Fintech News Singapore: Moula Named as a Top Australian Fintech
Moula was named as one of Australia’s nine hot fintechs in 2020 by Fintech News Singapore. In mentioning Moula, the article stated: Established in 2013, Moula is a loan service…
Moula attracts $20 million to fund growth in business lending
Melbourne, Australia – Moula, one of Australia’s fastest-growing non-bank business lenders, today announced it had secured $20 million Series D private funding to continue fuelling expansion. The round was led by Escala Partners with ongoing support from existing shareholders Liberty Financial and Acorn Capital.
The Top 3 Small Business Outcomes of the 2019 Federal Budget
On 2 April 2019, the Coalition government presented its proposed 2019–2020 Federal Budget to the public. From an SME perspective, the proposed budget includes several benefits including an increased instant asset write-off and lowering the company tax rate. The budget is subject to the Coalition winning the upcoming federal election. If it goes ahead as proposed, here’s a quick summary of the three most important takeaways for your business.
Australian Government’s $2 Billion Lending Boost – What Does It Mean for Small Business?
The Morrison government’s plan to inject $2 billion into the business lending market offers several potential benefits to small to medium businesses. The proposal, announced on 14 November 2018 by Treasurer Josh Frydenberg, is to create a taxpayer-backed securitisation fund that would invest in credit for small-to-medium enterprises (SMEs). Here we’ll look at some of the challenges faced by SMEs seeking funding and the potential benefits of the proposed fund.