Moula Loan Review 2025 – Rates, 24-Hr Funding & Broker Edge
Last updated: 3 August 2025
By Michael Pajar, Director & Business Finance Broker, Casey Asset Finance
30-Second Verdict
Choose Moula if…
Need $10k–$250k fast
You trade > 6 mths, $5k + monthly sales
No property security
You prefer fortnightly repayments
Look elsewhere if…
You need > $250k or > 24 mths term
Turnover is lumpy or seasonal
You want the absolute lowest rate
You rely on invoice finance or consumer lending
With the right criteria you may qualify for a 36 month term.
Moula Loan Snapshot
Unsecured Term Loan
Amount $10k-$250k
Term 6–24 mths
Security None (director guarantee only)
Use Working capital, equipment, marketing, expansion
Rates & Fees (Plain English)
Wide APR 15.99 – 35.99%
as at Aug 2025 (Source: Moula business loan calculator)No ongoing fees
No exit fee options
Worked example
A strong business borrowing $50k over 12 mths can be eligible at 15.99% APR → total repay ≈ $57.8k (fortnightly ≈ $2,224).
Cost of funds ≈ $7.84k, effective rate ≈ 15.6% pa.
Vs. CAP business lender = 1.3 factor rate over 6 months ≈ 60% pa.
However, please note Moula finance rates can be cheaper or more expensive than other lenders—depending on your business and credit profile.
How It Compares
Moula usually funds inside 24 hours—weeks faster than major banks but at a higher headline rate. Versus Prospa or Lumi, pricing is mid-pack yet Moula’s early-payout rebate can cut the effective cost if you clear the loan early.
Casey Case Study – The Melbourne Açaí Machine
Abdul had just bought a small ice-cream shop in Melbourne when locals began asking for açaí bowls. A quality açaí machine and fit-out would set him back about $30 000—money he’d rather keep for working capital.
He tried the usual routes. Banks said the business was too new. SilverChef declined because of his credit profile. Another broker spent eight weeks chasing options and came up empty. Frustrated and running out of time, Abdul called Casey Asset Finance.
We started by listening. Then we reviewed his live cash-flow data and packaged the story so a lender could see the upside, not just the risk. The file landed on Moula’s desk and was approved within 24 hours: $30 000 at 35.99 % APR over 24 months.
The rate looks steep, but Moula’s early-payout feature lets Abdul clear the balance any time after three months with no exit fees—interest stops the day he pays, not for the whole term.
He installed the machine that weekend. The new açaí line lifted average spend, drew more foot traffic, and gave him the extra revenue needed to knock down the loan ahead of schedule.
Takeaway: When your story is packaged the right way, “too new” or “impaired credit” doesn’t have to mean “no.” The right broker can unlock fast, flexible funding exactly when it matters.
Pros & Cons
Pros
Funding typically < 24 hrs
Early-payout savings
No asset security
Cons
Taxes must be up to date
Rates start high
Fortnightly debits
Max $250k cap
Not for startups < 6 mths
FAQs
Is Moula really unsecured?
Yes—no property or vehicle security, only a personal guarantee like all unsecured business loans.
What docs are required?
ABN > 6 mths, and bank statements, evidence to service the debt, and a clear explanation for any concerning transactions.
Will multiple loans hurt my credit?
Moula records one enquiry per approval; avoid stacking lenders. With business finance broker you get a verbal approval, giving you confidence before applying.
Can I repay early?
Yes—no interest payable if you pay out after 3 months.
How fast is settlement?
Typical same-day once contracts are signed and bank feed verified.
Curious if a Moula loan is for you? Reach out today to discuss your options.
Disclaimer: The information contained in this post is general in nature and does not consider your specific personal or financial situation. Rates, fees and criteria may change without notice—verify with each lender. Always seek independent advice from an accountant or your business finance broker before committing to credit.
Still weighing options? Let’s map the smartest path to funding—quick, clear, and on your terms. Feel free to reach out below:
0450622115 - michael@caseyassetfinance.com.au
