Support for businesses during COVID-19

Register Now

The Coronavirus SME Guarantee Scheme.

Under this Scheme, we will be able to support even more Australian businesses during these uncertain times by providing:

  • Coronavirus SME Guarantee Scheme loans of up to $250,000 for new and existing customers
  • Repayment relief to defer principal and interest repayments for 6 months (with interest to be capitalised)
  • Subject to underwriting criteria, available to SMEs, including sole traders, with a turnover of up to $50 million
  • Unsecured business loans, meaning that borrowers will not have to provide an asset, such as their family home, as security for the loan

Funds will be made available soon. If you would like to apply for a Coronavirus SME Guarantee Scheme loan or have any questions about the scheme, please complete this form.

Register Now

Loans will be made available to:

  • Australian SMEs, including sole traders,ith a turnover of up to $50 million
  • who are either existing or new customers
  • with a minimum of $5,000 turnover per month and 6 months in business
Yes, existing customers are eligible to access the Coronavirus SME Guarantee Scheme. However, funds provided under this scheme can not be used to refinance existing business debt.
The funds can be used for any business purpose, excluding refinancing existing business debt, such as paying for employee salaries, paying for rent or covering revenue shortfalls.
The Australian Government has unveiled a coronavirus economic stimulus package to support affected individuals, businesses, and the broader community. This package covers an increase in cash flow assistance of up to $100,000 to help SMEs continue paying wages, wage subsidies for eligible employers of trainees and apprentices, income support for sole traders and the self-employed, early access to superannuation, and temporary relief for financially distressed businesses. Moula has provided more detail on what Australian SMEs need to know. For the full scope of the package and to see if you’re eligible to claim assistance, please refer to the Australian Government’s Economic Response to the Coronavirus.

WON’T AFFECT CREDIT SCORE

Getting quotes won’t affect your credit score. Get the rate your happy with before you hand over your details

OVER 30 LENDERS

We have partnered with over 30 of Australia’s best unsecured business loan providers to get you the best deals

SMART TECHNOLOGY

Our market leading technology instantly matches you with the perfect lender and we send your details directly to them.

PERSONAL TOUCH

We don’t juts offer a software service. When you get your quotes feel free to let us know and we’ll tell you if its a good deal or not.