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Aris Allegos | In The News

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.

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.
2019 Federal Budget

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.
Australia Business Securitisation Fund

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.
A Paint Shop Owner Who Offers Invoice Payment Terms To SME Customers

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.

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