‘We are excited to see Australian companies come together to better support the needs of small businesses outside the traditional loans services offered by banks.’
All-in-one multi-currency payment system Pin Payments has partnered with Moula, an online provider of unsecured loans, empowering small businesses to share their online data and get approved for a loan in just a few simple steps. The partnership will provide Pin Payments’ customers with seamless access to Moula’s lending services.
Pin Payments allows businesses to accept payments from local and international customers with same day account set-up and activation without a merchant account. Under the partnership, Pin Payments’ customers can complete a loan application online with Moula in under 10 minutes and, if approved, receive the proceeds on the loan within 24 hours. The partnership may be further enhanced at a later stage through data analytics to prompt even faster approval.
‘We’re excited to partner with Moula,’ said Chris Dahl, Director of Sales & Growth at Pin Payments. ‘We’re passionate about helping our customers succeed and we know that access to funding can be crucial in helping their businesses grow. Moula simplifies the loan application process, making receiving a loan more accessible for small businesses.’
Allison LeBusque, Partner at Harris Business Solutions has already benefited from the partnership between Moula and Pin Payments offers to improve cashflow at her Melbourne-based accounting firm.
‘As a growing business, access to capital is critical,’ said Allison. ‘Pin Payments’ partnership with Moula offers us a convenient, alternative source of finance for our business with a seamless application process and approval within 24 hours. We are excited to see Australian companies come together to better support the needs of small businesses outside the traditional loans services offered by banks.’
Aris Allegos, CEO at Moula said, ‘it’s great to be working with another Australian-founded business focused on creating efficiencies for our SMEs. Moula’s small business customers are varied in terms of size and industry. Our work with Pin Payments is an example of how we are supporting those in the e-commerce space looking to have an international presence.’
