the adviser logo

PLAN Australia adds SME lender to panel

by Malavika Santhebennur4 minute read
PLAN Australia

Online SME lending platform Moula has announced it has joined the lender panel of aggregator PLAN Australia.

The appointment of Moula to the aggregator’s lending panel gives more than 1,600 brokers aggregating under PLAN access to the unsecured business lender.

Moula assesses and lends between $5,000 and $500,000 up to three years using its proprietary platform, with pricing starting at an annual percentage rate of 15.95 per cent applied against the outstanding loan balance. The lender said it makes decisions within 24 hours.

Commenting on the appointment of the lender, PLAN Australia CEO Anja Pannek said: “I am delighted to announce PLAN Australia’s partnership with Moula.”


“With the constantly changing needs of Australian businesses, it is more important than ever that we maintain a diversified lender panel to ensure our members can offer greater choice to suit the needs of their business clients.”

Moula CEO Aris Allegos said: “We are excited to be partnering with PLAN Australia, helping their brokers expand their service offering to meet the evolving needs of Australian businesses.”

“Moula continues to invest in education and tools to support brokers backed by awesome people who are deeply committed to our partnership.”

In January, PLAN Australia welcomed SME lender Prospa to its lender panel, enabling PLAN members to offer their clients Prospa’s small business loans and lines of credit.

Last year AFG, which has more than 3,000 brokers in its network, announced it was adding Moula to its lender panel.

[Related: Moula commits $250m in loans, updated terms]

handshake business ta

Malavika Santhebennur

Malavika Santhebennur


Malavika Santhebennur is a content specialist at Momentum Media, focusing on mortgages and finance writing.


You need to be a member to post comments. Register for free today


PhilipLowe mb

RBA attempts to curb runaway inflation

On Tuesday (5 July) the Reserve Bank of Australia (RBA) announced at its monetary policy meeting it will increase the...

flood qld suburbs ta

Home loan support offered to NSW flood victims

Widespread persistent heavy rain over large swathes of NSW over the weekend and into Monday (4 July) has caused major...

Dr Jane Rennie CPA

Accountants to decline ‘capacity to repay’ requests

The leaders of CPA Australia, the Institute of Public Accountants (IPA), and the Chartered Accountants Australia and...

Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more