Prospa offers business loans of between $5,000 and $300,000 with no security required to access up to $100,000. Application takes just 10 minutes, you can get same day approval, and funding is possible in 24 hours. Using a smart proprietary technology platform, they focus on the health of a business to determine creditworthiness.

Moula provides loans to small and medium businesses through a unique platform that efficiently analyses data about a business loan applicant and determines the appropriate level of funding to provide. Moula is not a P2P lender, as it has its own Balance Sheet and does not rely on a platform to fund loans.

OnDeck launched in 2007 to solve a major issue facing small businesses: efficient access to capital. Their passion for Main Street and the cutting-edge technology they use to evaluate businesses based on their actual performance, not solely business owners’ personal credit scores, make it possible for them to responsibly expand access to credit. This allows businesses to spend their time where it provides the most benefit—on their customers and on growing, not looking for a small business loan.

They understand that financing a small business can be a challenge that requires more time than most small business owners have in a day. Business operations, accounts receivable, accounting, and marketing are all an important part of running a small business—and financing shouldn’t slow down your focus on these issues; it should instead help a business grow. OnDeck offers financing options like short and longer-term loans and lines of credit, in order to grow your business.

Capify was born out of the desire to offer small businesses an alternative and accessible lending option. Proudly they were the first to do so in Australia. With 10+ years of local experience providing small business loans working capital globally, Capify is Australia’s most experienced alternative lender to small business.

With a focus on customer service and simplicity; our vision is to support Australian businesses with tailored financial solutions and solve small business finance. With our philosophy, they work together to create the most flexible and accessible commercial business loans for our clients. This allows them to streamline their internal processes passing on time and cost savings to you.

Limba is a new name for an established business – City Finance Business Lending. As one of Australia’s most experienced business lenders, City Finance has a proud 20-year business history behind them.

If you’re looking to evolve or expand your business, you can partner with Limba with complete confidence. They’ve been serving the needs of small businesses since 1998 – and the only thing that’s changed in that time is their name.

At Lumi, you’re not just a loan. You’re a small business owner with big dreams and we’re here to support you.

Their Vision

For too long, business owners have found it difficult to attain the funding they need to help their business grow. Forget lengthy application processes and sneaky, hidden fees. Lumi is shaking up small business lending to provide you with fast access to finance that’s accurate, fair, and honest. They’re all about total transparency and are setting high standards for the fintech industry worldwide.