Moula Business Loans Review

Get a personalised quote on Moula business loan interest rates and compare them to other small business lenders.

Moula is a leading online lender for small businesses. It offers a simple single unsecured business loan option, with no hidden fees and flexible repayment terms to help manage cashflow. Moula uses advanced technology to assess business loan applications in minutes.

What are the interest rates on Moula business loans?

The interest rates on Moula business loans range from 15.99% p.a. to 35.99% p.a. Moula calculates each applicant’s rate based on their credit score, the age and size of the business seeking finance, and other factors.

Moula’s rates may seem high, but for unsecured business finance, these are fairly standard. While some banks may offer lower rates, many businesses are willing to pay a premium to work with an online lender that offers fast and easy finance — without the hassle of a clunky bank application process.

Who’s eligible for a Moula business loan?

Moula has flexible eligibility criteria compared to most lenders, including:

Active ABN or ACN: You must operate a business registered in Australia
Minimum monthly turnover: $10,000
Minimum trading period: Six months
Good credit score: Required
Financial documents: Bank statements/online banking data or accounting data

How to apply for finance with Moula in three easy steps

Complete the online form

Enter your business information and how much you want to borrow, then provide some personal details.

Link your online banking or accounting data

Moula has a dedicated system for this. Your business credit check will be conducted at this stage.

You application is assessed

Once your loan is approved, the funds are automatically transferred to your business bank account.