At a glance
- Fixed
- 15.99%
- Loan size
- $10,000 to $500,000
How it compares
This business loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.
Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.
| Rate | This business loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 15.99% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 46th lowest of 47 |
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 15.99% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 46th lowest of 47 |
Rates
The one rate Moula publishes for this business loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedRates from 15.99% to 35.99% APR. Interest is set per the repayment schedule based on the scheduled principal at the start of the fortnight; the full fortnight's interest accrues on day 1 and is payab… | P&I | - | - | 15.99% | - | - |
Fees
3 fees published, grouped by when they're charged.
- When you take it outNo fee published
- While you hold it2.00% of transactionEstablishment fee
- When you close it or pay it offVariesEarly prepayment fee
While you hold it1
- Establishment fee
Fee is 2% for direct customers and ranges between 0-4% for applications made via a broker/referral partner.
2.00% of transaction
When you close it or pay it off1
- Early prepayment fee
Fee equates to unpaid interest, and applies when the loan is repaid in full within 3 months of funds disbursement. Partial prepayments not accepted during this time.
Varies
Other fees1
- Dishonour fee
Charged per dishonoured direct debit.
$30
Features
- Simple online application process with no paperwork
- Loan terms of 12, 18, 24, 36, 48, 60 months
- Fortnightly repayments
- Interest charged on outstanding balance only
Eligibility and limits
- Available to businesses
- Amount $10,000 to $500,000
- Minimum 12 months in business
- Must be registered for GST
- Director's guarantee required
- For loans >= $250,000, must be asset backed and 3+ years of trading history
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Published by Moula under the Consumer Data Right, last changed by them on 7 July 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.