Would have preferred more explanation on how the loan facility works. But very good and fast service. I had to call Sim to confirm that we had 90 day terms for each of our invoices and the balance was then paid over the next 9 months via monthly payments with a 3% interest applied. That should have been explained to us from the start. Also, the form should be much easier for Directors to sign. Send them digital "sign here" would have been better than having login details as most directors do not do any sort of admin. They just want to be able to click and sign. That would have been more efficient.
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Moula was founded in 2013 to help hard-working business owners in Australia access the business finance they need to grow. In the past, getting a business loan meant going through weeks of paperwork, hassle, and hurdles. We use data to assess your business loan application, which means we can keep things fast and painless. Our team are finance industry experts who are passionate about using technology to simplify small business finance and backing good business.See more
