Moneytech Business Finance Review

This review of Moneytech will get under the hood of the only non-bank financial institution in Australia that offers finance, payments and FX capabilities. Naturally, we’ll have a particular focus on its financing solutions and how they can assist businesses in raising the capital they need. We’ll go over Moneytech’s long trading history, their lending practices, and their eligibility requirements to access financing solutions. As always, we consolidate existing Moneytech reviews we can find online to see exactly what customers think of them too.  Read our Moneytech review and see if they’re a good fit for your business.


🌐 Website:
®️ Logo:
📝 ABN:77 106 249 852
📝 Credit License:421414
💰 Loan Amount$50,000 – $25,000,000

Limits vary per solution – more on this below

⏲️ Loan Term1 month – 60 months
💸 Unsecured Loans?Unsecured Loans are Available
⌚ Lender Requirements
  • Property required for Term Loans
  • Minimum invoice value of $50,000 for debtor finance
📃 Required:
  • Registered ABN
  • Photo ID of directors/borrowers
  • If security is required Moneytech may ask for documents related to this
⏱️ Response Time:244
🌝 Easy to Apply:Yes, fully online (expedited application here)

The Nitty-gritty

💌 Online Reviews:72 Google reviews relating to Moneytech’s foreign exchange service – 4.9/5 

Various customer case studies on but no testimonials – simply an explanation of the finance provided

🏆 Awards and Recognition:None
💳 Minimal Interest Rates:Starting at 7.5% – varies per lending solution (more below)
⚖️ Advantages
  • Finance, payments and FX all through one platform
  • Debtor Finance, Equipment Finance, Trade Finance and Term Loans available
  • Operating since 2003
⚖️ Disadvantages
  • No verified client reviews relating to business finance
  • Loans begin at $50,000
  • Not clear on supporting documents required to access finance
⚖️ Compare MoneyTechCompare MoneyTech with 20+ Australian Lenders on
Review Table of Contents

Credibility & Company Story

Moneytech is Australia’s only purpose-built and fully integrated business growth platform. They partner with Australian businesses to give them the finance to grow.

The Moneytech Platform has enjoyed rapid growth in the last 18 months, moving roughly $18 billion in cross border transactions,. and each year, more than nine out of ten of those businesses continue to work with Moneytech. Launched in 2003 by Managing Director Hugh Evans, Moneytech continues to evolve and tirelessly strive to be a leading end-to-end financial services provider in the non-bank market supporting many businesses with their on-going success. This evolution is evident from a significant merger in 2022, with leading Australian payments automation provider Monoova, to provide a single platform enabling businesses to benefit from faster cross-border transactions and consolidate their domestic and international payment processes.

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Moneytech Finance Products

Moneytech offers five types of financing solutions, in addition to previously participating in the government’s now expired  SME Recovery Loan Scheme.

Debtor Finance

Moneytech’s debtor finance solution allows businesses to receive up to 100% of the value of their customer’s invoices as soon as they raise an invoice, instead of waiting 30, 60, 90 or even 120 days for customers to pay. With up to 100% of the value of the invoice being funded (minus fees), this is a higher amount financed than ScotPac, for example, who grants up to 95% of the value of the invoice. Moneytech’s invoice finance solution allows businesses to use the cash for any business requirement, from staffing costs through to customer acquisition.

Facility Size:Between $150k and $20m.
Lending Term:Moneytech’s debtor finance facility offers 120 day borrowing periods, 30 days longer than industry standard


Trade Finance

Moneytech’s trade finance solution helps to extend payment terms with international suppliers, helping businesses to get their hands on stock and convert it into a sale before having to repay Moneytech. It’s run via a line of credit, meaning funds against the limit can be redrawn at any point in time if they’ve been repaid.

Trade Finance is managed through Moneytech’s online platform that boasts unparalleled delivery speed and easy administration. Moneytech’s Trade Finance platform also integrates with Moneytech Foreign Exchange, giving access to competitive FX rates all in one place.

Facility Size:From $100k to $10m
Lending Term:Moneytech’s trade finance facilities offer extensive 120 day repayment terms

Line of Credit 

Moneytech’s line of credit is a revolving facility that provides borrowers with a pre-determined borrowing limit that can be used at any time to pay suppliers. As borrowers make repayments to the facility, they’re able to re-draw on the funds whenever is necessary.

Moneytech’s line of credit is the only unsecured facility that Moneytech offers – no assets or property is required to secure the facility but directors are required to provide a personal guarantee to repay the loan.

Facility Size:From $50k to $250k
Lending Term:Moneytech’s trade finance facilities offer extensive 120 day repayment terms
Loan Fees:
  • Service fee: 1.95%
  • Monthly Fee $50 – $75 per month inc GST
  • Documentation Fee – Capitalised on approval: $795 (No GST)
  • Interest rate: Starting at 7.50%

Equipment Finance

Moneytech’s Equipment Finance facility provides funds to acquire new equipment to the business and also raise funds against existing plant machinery and equipment. When buying equipment overseas, businesses can also take advantage of Moneytech’s Equipment Import product as well, which allows businesses to bring over specialised assets safe in the knowledge that an equipment financing solution is lined up for when it lands.

Facility Size:Up to $2,000,000
Lending Term:Moneytech’s equipment finance facility ranges from anywhere between 6 months to 5 years.

Term Loan Finance

Moneytech’s Term Loan facility allows borrowers to receive up to 90% of the value of their residential property or 80% of a commercial property. This facility can be used to repay creditor balances including ATO or Vendor Finance balances. It can also be used to consolidate other debts such as an overdraft or line of credit.

Facility Size:Up to $2,000,000
Lending Term:Moneytech’s term loans range from anywhere between 6 months to 5 years.

SME Recovery Loan [Expired]

Moneytech is one of only a handful of online lenders to partner with the Federal Government to offer SME Recovery Loans. SMEs with a turnover of less than $250 million can access a Business Line of Credit Facility with Moneytech up to $5 million (SME Recovery Loans are due to expire 30 June 2022).


Moneytech Business Loans Client Reviews

In Numbers:

-TrustPilot Australia – 0 Reviews

-Google Reviews – 72 Reviews

-Facebook – 0 Reviews

-35+ customer success stories on

The Feedback:

Currently, at the time of writing (March 2023), Moneytech has absolutely no reviews on TrustPilot. However, whilst unverified, we did find a total of 72 Google Reviews, with an impressive average rating of 4.9/5. 

There are over 35 case studies provided by Moneytech on but these contain no client testimonials and are simply examples by the company demonstrating the sorts of clients and industries they’ve been able to help in the past.

Analysis of Client Reviews:

Even though Moneytech provides high-value loans (potentially as high as $250m), it is still a relatively small lender by headcount. For this reason, it’s not completely surprising the firm has no TrustPilot account. However, put this into context, mid-sized lenders like Business Fuel have over 300 customer reviews on TrustPilot, whilst Australia’s largest alternative lender, Prospa, has over 6,500.

Given the firm has been around since 2003, we would have liked to have seen more total reviews online, across Google and other platforms. The case studies on provide a useful insight into the types of firms Moneytech is able to help but they include no customer testimonials. They are simply examples of the size and type of financing Moneytech has been able to provide certain businesses. Customer testimonials, even if they are cherry picked by the firm providing the service, would have provided more insight into the service from a customer’s point of view.

With no verified Monytech reviews or customer testimonials, we simply aren’t able to recommend Moneytech based on client reviews alone. Whilst we understand them to be a long-standing and legitimate company (they are even an appointed lender to participate in the government’s SME Recovery Loan scheme), borrowers who prefer to see a track record of customer reviews are likely to be better off choosing a different provider for Small Business Loans in Australia.

View Full Rating and Summary

Moneytech Review


Moneytech is a respected online lender, offering a diverse range of lending solutions, with nearly two decades of experience in the small business lending and foreign exchange industries. With products ranging from debtor finance to a line of credit and asset finance, there is a solution for virtually all types of businesses across a plethora of industries.

On the one hand, we know it’s a credible firm that has previously partnered with the Australian government to be one of only a handful of online lenders to participate in the SME Recovery Loan Scheme, vouching for the firm’s experience and professionalism. On the flip side, we are surprised that despite a surge in growth over the last 18 months, we’ve not seen MoneyTech claim a TrustPilot account to boost customer confidence.. That’s not to say Moneytech is not a trustworthy and secure lender, just that some borrowers may be put off by the lack of visibility around how existing borrowers have been treated to date.



Best For:

✓ Wholesalers

✓ Manufacturing

✓ Importers & Exporters

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