Ashley Miller joins Moula as Chief Financial Officer
Melbourne, Australia – Moula has appointed Ashley Miller Chief Financial Officer in a newly created role reporting to CEO Aris Allegos.
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.
Government Confirms Faster Payments to SMEs
Moula backs the Federal Government’s decision to start paying e-invoices to small businesses within five days of invoice dates or pay interest on late payments. This new policy will come…
A Leap of Faith into Moula
Moula joined the ranks of LinkedIn’s Top Startups in 2019 and our Chief Data Officer, Paul Pesavento was invited to share his story on making the transition from corporate life to Moula.
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.
Moula Commits Additional $250 Million To Fund Small Business
Moula has announced an additional $250 million is being made available to fund Australia’s small businesses as it vies to compete directly with traditional banking institutions.
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.
Moula Friday Drinks Competition
At Moula, we don’t just lend money to small business, we lend money to good business, and at the end of a big week, good business deserves Friday drinks.
Invoice Payment Terms: Research Reveals Lost Opportunities for SMEs
Research commissioned by Moula in mid-2019 has revealed that business-to-business buyers and sellers are being held back by a lack of cash flow. Almost half of businesses looking to grow by purchasing stock, buying equipment or materials, or paying for services are not able to expand due to a lack of funds. While nearly 60% of merchants selling to other businesses offer payment terms, 63% of these businesses report that their cash flow is adversely affected by late payments.
Get Ready, Amazon Australia are Set to Launch this Friday
The moment has arrived. It looks like Amazon is set to launch across the country this Thursday with what the company is calling a ‘soft launch’. The full site is predicted to be up and running to coincide with the ‘Black Friday’ sales.