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Unsecured business loans without any hassle

Access $10,000 to $250,000 today.

Am I eligible?

To get started, all you need is:

  • Active ABN or ACN
  • 6+ months in business
  • $10,000+ in monthly sales

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

Apply online in just ten minutes, following these 3 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.

Unsecured Business Loans • $10,000 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. We keep our unsecured small business loans transparent so you know exactly what you're paying. Our no-obligation application won't impact 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 pay your business loan out early, we won’t charge any additional fees or extra interest.

Unsecured business loan basics

Traditional bank lending options can be cumbersome and often require submitting financial statements. They require lengthy approval processes, have limited flexibility, and need assets as security. Sometimes these are personal assets, such as residential property.

Banks also tend to be risk-averse and will often require that businesses have several years of strong trading history before lending to them. This creates a challenge for small business owners seeking finance.

Small businesses often need quick access to funds and upfront capital to invest in various facets of their operations for business growth. In today’s fast-paced environment, a lack of cash can mean missing out on crucial opportunities. Traditional business finance in Australia isn’t structured to capitalise on short-term opportunities in a fast-moving marketplace.

A Moula unsecured business loan provides true flexibility, enabling you to use the funds for what your business really needs, without weeks of waiting.

With the certainty of consistent repayment options, you’re in complete control and you’re not required to use any of your assets as collateral for the loan.

If you operate a business that doesn’t own a significant asset, such as a property, then you’ll usually be locked out of secured business finance options. A Moula unsecured business loan provides freedom and flexibility to use the funds for what you really need, whether it’s to increase working capital, purchase inventory, or buy equipment. Money is lent to you against the current trading position of your business. This an ideal solution for service-based businesses seeking unsecured business loans in Australia.

If you’re looking to make a quick move in the market – waiting for a secured loan may mean a missed opportunity. A fast unsecured business loan can be the ideal solution for businesses that are nimble or have identified a gap in the market requiring quick action. Your business can invest right now in growth opportunities with a short-term business loan.

An unsecured small business loan from Moula is quick and smart. Moula enables businesses to maximise opportunities today. Gone are the days of having to go through lengthy application processes and jump through multiple hoops to get funding in Australia.

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. Compare us to see for yourself.

Calculate repayments

A better way to borrow money

For most businesses in Australia, one of the biggest challenges is generating enough cash flow to boost growth. That’s where unsecured small business loans in Australia can help. An unsecured business loan isn’t secured against business or personal assets. The finance provided is assessed against your cash flow and future ability to make repayments.

It’s similar to a personal loan which is assessed against income and expenses. A secured loan, on the other hand, is secured against a particular asset (i.e. property, equipment, or a vehicle). The move away from traditional lending and towards unsecured finance has come about due to the emergence of fintech lenders in Australia. Moula is an alternative business lender filling this gap in the market with a solution tailored for small businesses with fast business loans.

Unsecured Business Loan FAQs

This type of loan can be used to help grow your business, so you can:

  • Purchase inventory or equipment
  • Renovate or invest in new premises
  • Hire new staff or pay for marketing
  • Manage cash flow
  • Pay for business-related debt, such as ATO debt.

With a simpler approval process, less paperwork and the freedom to use the funds for what your business really needs, an unsecured loan could be the answer.

With Moula, you can apply online for a loan in under ten minutes, and receive funding within 24 hours, or one business day.

To get started on an unsecured business loan application with Moula, you’ll generally need to provide proof of income and expenses. Usually, we need to see six months of financials so we can be confident that you’ll be able to manage repayments, and that this type of finance is the best option for your business.

The basic information we require to get started with an application is:

  • An active ABN or ACN
  • 6+ months in business
  • $10,000+ in monthly sales

From there, depending on what your application looks like, we may need more information to make an assessment, including checking your credit history.

To make it as simple as possible for our customers, repayments are structured around an interest rate which is applied against the outstanding balance of your unsecured small business loan. There are no hidden fees and charges.

With a Moula loan, you know exactly what your repayments will look like, as we believe in transparent, ethical pricing. Unlike a business line of credit or business overdraft, you will have a clear picture of when the loan will be repaid based on the scheduled payments.

Your interest rate will be based on the current performance of your business and the overall level of risk. Generally, unsecured business loans are a little riskier than the traditional type of business lending, so usually have a higher rate. However, at Moula we assess each business individually and determine the best rates based on current performance. So it’s not a one-size-fits-all approach. We have a team of dedicated assessors who review each application personally to offer you the best short-term business loan for your needs.

To see what a business loan from Moula would look like, try our Business Loan Calculator. We’ll even send you a free loan pricing PDF, so you can see exactly what the repayments would look like.

If you’re a startup business, you will need at least 6 to 12 months of business records before you can be eligible to apply for an unsecured business loan with us. While we can’t lend to startup businesses that are still in the very early stages of raising funding, we can lend to startups who are in their growth phase with 6+ months of sales.

We’ve helped a range of businesses across Australia in all sorts of industries at all stages of their growth cycle. Check out our article on startup business loans to learn more.

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

What do you need to get started?

At least 6 months in business
Minimum of $10,000 in monthly sales

Get a repayment schedule

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