Looking for a Moula alternative?

A Moula alternative is worth a look when the amount you need, the security you hold or the way you want to repay doesn’t line up with an unsecured cash-flow loan. Moula is an online business lender that, according to its website (as at October 2026), offers unsecured loans from $10,000 to $500,000. BizLoansFast lends a different way: $20,000 up to $5,000,000, fast, with a house, factory, shop or other real estate as security, whether the business owns it or a director or guarantor does.

Neither model is better across the board. They are built for different businesses, so the useful question is which one fits yours.

What is in Moula’s lending range?

Moula’s website centres on one product: an unsecured business loan with a term of up to five years. The details it states plainly:

• Loan size: $10,000 to $500,000.
• Term: up to five years, chosen when you apply.
• Repayments: scheduled fortnightly, each instalment the same.
• Speed: an online application of about seven minutes, credit decisions within 24 hours (within minutes once banking or accounting data is linked), and funds by the next business day after approval.
• Eligibility: an active ABN or ACN, at least 12 months in business, $10,000 or more in monthly sales, and GST registration.
• Guarantee: a personal guarantee when the applicant is a company.
• Background: founded in 2013; refinancing business debt is listed among the uses for its loans.

How much will Moula lend without security?

Moula’s FAQ says it doesn’t ask for upfront asset security on loans up to $150,000. Its maximum loan is $500,000, and for the band in between the FAQ refers borrowers to their letter of offer and loan terms. If your figure sits above $150,000, ask Moula directly what applies before you plan around it.

The bigger point is what drives the size of an unsecured loan. With no property behind it, a lender reads your bank feed and your sales: turnover is the yardstick. That works well for a business with a year or more of steady takings. It works less well when the money you need is large relative to monthly sales, or when the reason you need it is a one-off event rather than everyday trading.

Who does a Moula loan tend to suit?

A Moula-style unsecured loan tends to suit a business that has traded steadily for at least a year, doesn’t own property or prefers not to offer it, wants a modest sum, and is comfortable paying it back from trading income in equal fortnightly instalments over several years. If that describes you, it may be the more natural choice, and we’ll tell you so if you call us.

When is a property-secured loan the better Moula alternative?

A property-secured loan is usually the better fit when the problem is bigger, shorter or messier than a monthly-sales assessment can carry. The situations we see most:

1. You need more than $500,000, or more than your sales history would justify. We lend up to $5,000,000 against equity.
2. You are under 12 months trading or your income is lumpy. Builders, seasonal operators and new ventures can borrow because the decision rests on the property and the exit. See start-up loans backed by property.
3. Your credit file has marks on it. Defaults, a past ATO debt or a bank decline don’t rule you out. More on bad credit business loans.
4. Your BAS or accounts are behind. Some files go through without a single set of business accounts, as our low doc loans page explains.
5. You’d rather not have repayments leave the account during the term. Interest can be prepaid or capitalised, with the loan repaid in one hit from the sale, refinance or payment you’re waiting on.

We also never order a valuation. Our own team looks at the property, which means no valuer’s diary, no valuation fee and no report holding up the approval. Fast private money does cost more than a bank loan; use it when the speed or flexibility is genuinely worth paying for. If you already know the security and the exit, tell us about the deal in 60 seconds.

Moula and BizLoansFast side by side

Use the table to sort which question matters more for you: how your sales look, or what your property and exit look like. For the wider field, our cash flow lenders guide lists the other unsecured lenders, and the compare hub covers private and secured options too.

Rolling several repayment schedules into one secured loan

One of the most common reasons owners call us is not a single loan but three. A business takes an unsecured loan, then a second from another lender when cash gets tight, then a third. Each has its own repayment day, and together they absorb the cash flow they were meant to protect.

A single property-secured loan can clear the lot:

1. List every facility with a payout figure dated to the expected settlement.
2. Send us the property address, what’s owed on it now and what you think it’s worth.
3. We approve against the equity and pay each lender out directly at settlement.
4. With interest prepaid or capitalised, no instalments come out while you trade back to health.
5. You repay from the planned exit, often a refinance to a bank once the accounts are tidy.

Our business loan refinancing page walks through how this works in more detail, and a second mortgage is often how it’s secured behind an existing home loan.

Illustrative example: when the amount outgrows the sales

Illustrative example: a Melbourne wholesale distributor needs $800,000 to take up a container of discounted stock before quarter end. Sales are healthy but uneven month to month. The two directors own a warehouse unit worth about $2,000,000, carrying a $550,000 bank loan. We assess the unit ourselves, approve an $800,000 second mortgage on the day of enquiry with interest capitalised, and settle a few business days later. Six months on, the stock has sold through and the loan is repaid from sales and a bank refinance.

Not sure Moula fits? Get a straight answer from us

If the comparison points towards property security, a short enquiry is the quickest next move. Sending it won’t trigger a credit check, nobody else gets handed your details, and someone who writes urgent secured loans for a living reads your file. You’ll hear quickly whether it works, including a plain no if it doesn’t.

Be accurate on the form: the real property address, the true balance on the current mortgage and the honest exit. Getting those right means the first answer stands. Call 1300 852 150, or start your secured loan enquiry online.

Names are trademarks of their owners. BizLoansFast is not affiliated with any lender named on this page. Lender details are summarised from each lender's own website as at October 2026 and can change — check with the lender directly.

Written by the BizLoansFast lending team · Updated 2026-10-06