Kikka Capital Review

David Brennan founded Kikka Capital in 2015 in Perth, WA. Brennan had long felt that there was an opportunity for small businesses that was not being fulfilled because of lack of financial backing from traditional banking institutions. SMEs are dreamers and innovators and relying on banks to share their vision could lead to road blocks for business owners. Brennan knew that SMEs needed access to funds without all the hoops to jump through with standard borrowing.

This review of Kikka Capital will help you better understand your businesses financing options to handle cash flow. When your business needs cash flow and quick, Kikka Capital can get you approved in less than 10 minutes for up to $100,000.

 Kikka Capital Review in Numbers

Australian Business Number (ABN):39 616 549 725
Australian Credit License:602 947 535
Loan amount:$1,000 up to $100,000
Loan term:1 to 6 months
Unsecured Loans Offered?Yes
Easy Online Application:Yes
Response Normally Within:Approval in under 10 minutes
Documents Required to Apply:Requires ABN or ACN, business credit information,
Requirements to Apply:Linking business bank account to Kikka Capital, Active ABN or ACN for at least 12 months, Minimum monthly turnover of $10,000, Must be an Australian business, and a Valid driver’s license to confirm identity.
Minimal Interest Rates:Between 2% and 9.75% for the first 2 months of the business loan and 1% a month for remaining 4 months of the business loan
General Feedback from Clients Online:Overall feedback from clients from TrustPilot is that Kikka loans are a good platform to borrow funds for SMEs.
Awards and Recognition:None found.
Website Address:

Discover Kikka Competitors

#1 Marketplace Fast Multi-Application

Est. 2014

Loans size & Terms

Secured and Unsecured Loans, Line of Credit, Business Overdraft, Equipment Finance

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  • Instant Responses to Application
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  • High Variety of Lenders (34)
  • Bank-Level Encryption
  • 4.8/5 Score on TrustPilot
  • Member of the FBAA, CAFPA, and MFAA
  • Tech Platform of the Year Awards 2020
  • Not a Lender
  • Doesn't Operate During Weekends
  • No Call Centre, All Online

Short Summary:

Kikka finance options require the business to be an Australian business with at least 12 months of active history, with a minimum of $10,000 monthly turnover. Clients may borrow as little as $1,000 up to $100,000 in a matter of 10 minutes. These unsecured loans require a valid driver’s license of the applicant to verify identity and are not guaranteed approval loans. Kikka loans are strictly short term with a minimum of 1 month up to 6 months for repayment. Kikka Capital gains insight into their potential client’s financial story through reviewing their bank statements online. Kikka Capital Reviews through TrustPilot show overall satisfactory with over 100+ reviews of Kikka.

Company Story

Kikka Capital started back in 2015 and was soon financially backed by US company Kabbage to help support the SME growth in Australia. As an alternative lender Kikka Capital does not require stacks of tax paperwork or financial documents for past years to qualify for future endeavors or present cash flow needs. Instead Kikka Capital reviews cash flow for the business through online bank statements. Within minutes Kikka Capital can assess whether a business should be extended a loan term and at what rate they will be charged.

Unlike many other unconventional lenders, Kikka Capital offers an online repayment calculator to help their potential clients and customers see what borrowing from Kikka Capital can cost. This practice is far removed from other competitors that do not disclose all the details on how they charge their clients. This payment calculator gives businesses a clear view as to what they may be charged and payments for the loan term. This transparency is what is needed in the finance world today. Since the loans through Kikka Capital operate as a credit line, clients only pay fees on the amount that is actually borrowed. This allows businesses to cut costs when they are unsure of exact costs needed to cover cash flow, i.e. when a repair of equipment needs to be done, but it could cost between $25,000 and $50,000 – the company can request up to $50,000 and borrow less if they do not need it. This could save the borrowing company over $2,000 in total fees and provide the peace of mind that if the bill comes back at $50,000 they are covered.

Kikka Reviews by Clients

Kikka Capital client’s success stories shared on their webpage demonstrate that SMEs need extra cash flow to help fund their growth and vision and Kikka Capital has been able to help them achieve their growth goals. Kikka has helped clients meeting their goal of weekly payroll for their employees, expanding inventory, buying necessary equipment, and funding new projects. Kikka capital has provided peace of mind for its clients to be able to focus on their businesses.

The negative reviews of Kikka Capital on Trust Pilot stem from frustration. One client’s complaint was of the website being down. Another frustrated potential client was declined funding, and Kikka’s response to the complaint that they believe a quick Yes or a Quick no is far better for business practices than a loooong maybe from a bank. The last negative review seemed as though they didn’t quite understand the process Kikka Capital takes in assessing potential borrowers and was unhappy that he was granted a line of credit below the amount he wanted to borrow. Kikka has responded on Trust Pilot forum to the complaints and seems to be very thorough in their responses and still professional.

The neutral review of Kikka Capital on Trust Pilot was by one person and their frustration was that their bank account became disconnected from the Kikka Capital account but still felt that the Kikka Capital program was good overall. Kikka Capital also took the time to respond to this client review as well.

The positive reviews of Kikka Capital on Trust Pilot of 4 stars instead of 5 stars give some similar frustrations as that of the 1 star rating customers. Customers are overall happy with the services that Kikka Capital offer.

Kikka Capital Client Reviews – Data:

TrustPilot Australia: 106 Reviews, 102 Positive, 1 Neutral, 3 Negative – Average Score 8.6 / 10

Product Review: 1 Review, 0 Positive, 0 Neutral, 1 Negative – Average Score 1 / 5

Analysis of Client Reviews:

Reviews on TrustPilot shows that customers are satisfied with working with Kikka Capital and they can focus on running their businesses instead of spending time trying to work with banking institutions who may not share their vision for their businesses.

Kikka Capital Loan Compatibility

Startup: No, Kikka Capital requires borrowers to be in business for a minimum of 12 months

Bad credit: Yes, Kikka Capital does not factor in your personal credit score

Sole trader: Yes, Kikka Capital will work with Sole traders, partnerships, SMEs, Pty Ltd Companies, and Trusts

Minimum Monthly Turnover:  Kikka Capital requires a minimum monthly turnover of $10,000

Business Purchase: Not Listed

Established business: Yes, Kikka Capital will accept any established business.

Maximum Loan Amount: $100,000


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