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SME loans without any hassle

Access SME loans of $5,000 to $250,000 today.

Am I eligible?

To get started, all you need is:

  • Active ABN or ACN
  • 6+ months in business
  • $5,000+ in monthly sales

Easy to apply. Simple as 1, 2, 3.

Apply online in just ten minutes by following these three easy steps:
Business Loan Details | Moula

Get Started

Complete some basic business and personal information to get started.

Link Business Data | Moula

Link your data

Link your online banking or accounting data, and we’ll determine how much we can lend to you.

Get Business Funds | Moula

Get funds fast

Once approved, provide us with your preferred business bank account, and we’ll have the funds to you fast.

SME Business Loans • $5,000 to $250,000 • 12 to 24 month terms

No hidden fees or nasty surprises

There are enough surprises with running a business – hidden fees and charges shouldn’t be one of them. Our SME loans are transparent, so you’ll know exactly what you’re paying. Our no-obligation application won’t affect your credit score.
Business Loans No Hidden Fees

No variable interest rates

We only charge fixed interest rates. We prefer variety in other areas of life.

No Business Loan Debit Fees

No direct debit fees

Some lenders will charge a fee for each payment. We don’t.

Business Loans No Early Repayment Fees

No early repayment fees

If you decide to repay your loan early, we won’t charge any additional fees or extra interest.

SME loan basics

SME loans are either secured or unsecured. With a secured SME loan, you need business or personal as collateral for the loan. For example, with some types of equipment finance, the asset bought is the collateral for the loan. Unsecured business loans don’t require you to use property or other assets for security. For this reason, more small and medium businesses are choosing unsecured SME loans in Australia.

SMEs often need to quickly access funds and upfront capital to invest in their operations or business growth initiatives. Traditional lending options can be time-consuming and often require large amounts of paperwork, including financial statements. In addition, conventional loans aren’t structured to pursue short-term opportunities in a fast-moving environment.

Moula provides unsecured SME loans with real flexibility, making it possible for you to use the funds for your business needs without waiting weeks for a decision. Consistent repayment options give you control without using any of your assets as collateral for the loan.

An SME loan expands your business finance options if you run a business. Unsecured SME loans from Moula provide freedom and flexibility to use the funds to meet your business needs, whether buying equipment, increasing working capital or buying inventory. The loan term and amount are based on the current trading position of your business. This makes it an effective solution for service-based business owners seeking unsecured SME loans in Australia.

When you need to move quickly to take advantage of an urgent opportunity, waiting for a conventional secured loan won’t work. A quick SME loan could be the perfect solution when you need to act fast.

Business Loan Calculator

Our pricing is transparent, fair, and simple

We quote our pricing in APR so that you can clearly understand and compare our rates to other lenders.

Calculate repayments

A better way for SMEs to borrow money

Many Australian businesses face the challenge of generating enough cash flow to grow. Unsecured SME loans in Australia can solve this problem. This type of loan isn’t secured against personal or business assets but is based on your cash flow and ability to make scheduled payments based on the loan amount.

Unsecured Business Loan FAQs

This type of loan can be used for a range of purposes, such as:

  • Purchase inventory or equipment
  • Renovating or investing in new premises
  • Hiring new staff
  • Starting a marketing campaign
  • Managing cash flow
  • Repaying business-related debt, such as ATO debt.

We’ve simplified the approval process, so you can apply online in around seven minutes and receive funds within 24 hours if approved.

To begin an application for an SME loan from Moula, you’ll need to provide proof of business income and expenses. Usually, we want to see six months of financials to be confident you can make repayments and that this finance option is best for your business.

To get started, the basic information we need is:

  • An active ABN or ACN
  • 6+ months in business
  • $5,000+ in monthly sales

From there, we might need more information – including checking your credit history – depending on what your application looks like.

To make it as simple as possible, we structure repayments around an interest rate that is applied against the outstanding balance of your SME loan – and there are no hidden fees and charges.

Your interest rate will be based on your current business performance and overall risk level. We assess each business individually and determine the best rates according to current performance.

To understand what a business SME loan from Moula would look like, check out our Business Loan Calculator.

If you have a start-up business, you will need at least 6 to 12 months of business records to apply for an SME business loan with Moula. While we can’t lend to start-up businesses in the very early stages of raising funds, we can lend to new small businesses in their growth phase with a sales history of more than six months.

Are you a SME owner looking for a trusted loan with
no hidden fees and no hassle?

An ABN or ACN
At least 6 months in business
Minimum of $5,000 in monthly sales

Get a repayment schedule

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