Moula Lender Review

This review of Moula will help guide your understanding of the lending company. We want to ensure you’re aware of who is running Moula, their business practices, their loan process, and how they operate. Read the following Moula Review and discover more about this company as a potential borrower.

🌐 Website:
®️ Logo:Moula new logo
📝 ABN:995 164 875 325
📝 Credit License:164 875 325
💰 Loan AmountFrom $5,000 – $250,000
⏲️ Loan TermFrom 6 months – 12 months
💸 Unsecured Loans?Yes
⌚ Lender Requirements$5,000 sales/month, ABN/ACN, operating for 12 months (minimum), and a fair – excellent credit history.
📃 Required:Name, contact information, business name, purpose for the loan, business financial information, and ABN/ACN.
⏱️ Response Time:24 hours
🌝 Easy to Apply:Yes

The Nitty-gritty

💌 Online Reviews:Moula is generally viewed as a positive company by both borrowers and employees alike.
🏆 Awards and Recognition:
  • Best Non-Bank Lender by Momentum Intelligence
  • 2017 Finnies Finalist for Fintech, 2017
💳 Minimal Interest Rates:0.75-1.5% of the current balance of your loan (at the beginning of the 2-week billing cycle).
⚖️ Advantages
  • Simple and clear online application
  • No collateral required
  • Online account management
⚖️ Disadvantage’s
  • Not suitable for companies younger than 1 year
  • At least $5,000 in sales/month
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Review Table of Contents

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The Expert’s Opinion:

Moula is one of few lenders in Australia which does not offer bad credit rating business loans , as they stick to businesses with a fair or better credit score (Taken from the their FAQ). Besides that, you only need $5,000 in sales each month (which is less than the average requirement in this industry). The interest rate of their loan quite high at 0.75% of the loan balance every 2 weeks (0.75% is for businesses that are doing well, while 1.5% fortnightly interest is for more struggling businesses) .

In short, they will only accept fairly low-risk businesses but charge relatively high interest rates of those who have been accepted. You can easily understand the reason they have the nicest looking website in the business and possibly one of the best staffs (as reflected by client reviews). recommends looking for additional lenders before making a decision. Here are a few our favorite companies in this industry which may be able to facilitate cheaper financing. It’s always worth checking and comparing.


Company Story

Moula Logo
Moula provides business loans to small to medium sized businesses in Australia. Founded in 2013, they strive to create simplified business loans and fast lending experiences for small business owners who need them. They have been on the lending scene for a few years now, and they have been widely hailed by the media as an industry disrupter – which is a positive thing. They serve many types of businesses, from franchises, retailers, wholesalers, professional services, beauty services, hospitality, and more. However, it’s important to note that this industry trendsetter doesn’t provide loans to individuals for personal reasons or to new businesses.

Moula was co-founded by three financial professionals: Aris Allegos, Andrew Watt, and Piers Moller. These three currently operate as the CEO, COO, and CTO respectively. Together, they’re focusing on conquering the cash flow and capital problems experienced by small business owners across Australia. Their primary goal is to remain transparent at all times, and to help Australian businesses grow.

Additionally, Moula is involved in charity work. They recently partnered with Thankyou, a social movement that’s set out to end global poverty. The projects they’re working on with them helps to fund water accessibility, sanitation, hygiene initiatives, food accessibility, as well as child and maternal health care.


Moula Client Reviews


– TrustPilot Australia: 272 Reviews, 92% Excellent, 7% Great, 1% Average 9.6 / 10 Total Score (Excellent)
– Moula’s Facebook Business Page: 22 Reviews, 22 Positive 5 / 5 Total Score
– Glassdoor: 2 Reviews, 1 Positive, 1 Negative


Analysis of Client Reviews:


Moula is a lender that has a wide range of positive reviews. When assessing reviews of a lending company it’s critical to take a closer look at the context that a positive or negative review was left in. In Moula’s case, the negative reviews we found online for them didn’t seem to hold much weight. Some borrowers were upset that Moula checked their personal credit scores (although this is listed as part of Moula’s application process). Their positive reviews, on the other hand, were incredibly specific. Particular customer service reps and managers were named as being excellent people to work with, the lending process was said to be efficient and straightforward, and their transparent method of billing was also listed as a positive.


Moula Loan Compatibility


  • Startup: No, Moula only works with businesses who have been operating for 12 months.
  • Bad credit: No, Moula requires that you have at least a fair credit history (and they prefer that it’s better than that).
  • Sole trader: Yes, Moula works with sole traders if you have an ABN/ACN.
  • Established business: Yes, Moula works with established businesses.
  • Turnover: Moula requires $5,000 in sales/month.