Moula is an Australian business loan provider offering unsecured loans up to $500,000 with same-day decisions. FundTap is invoice finance: funding against specific unpaid invoices rather than a fixed loan amount. Moula suits one-off investments and businesses with limited receivables. FundTap suits businesses with unpaid invoices wanting to unlock the cash already earned, with no fixed repayments.
Last reviewed 11 August 2026
Moula offers unsecured business loans for Australian SMEs with a trading history. FundTap is on-demand invoice finance for Australian and New Zealand small businesses. Here is a straightforward comparison so you can decide what suits your situation.
At a glance
| Feature | FundTap | Moula |
|---|---|---|
| What it is | On-demand invoice finance | Unsecured business loan |
| Cost | Per-invoice fee from 4% (no setup fees, no monthly subscription fees, no early-repayment fees) | Interest rate over a fixed term |
| Repayment | Automatic when your customer pays the original invoice | Fixed weekly repayments over the loan term |
| Entry criteria | Connect Xero, MYOB, QuickBooks or Reckon and pick a single eligible invoice , no fixed trading-history or revenue threshold for new accounts (subject to standard credit assessment of you and the debtor) | Typically 6+ months trading, $5,000+ in monthly revenue, AU only |
| Effect on balance sheet | No new debt added to the balance sheet , you are accessing money you have already earned | Adds loan liability to the balance sheet |
| Speed | Typically funded same business day, once your accounting software is connected | Same-day decisions and funding within 24 hours |
| Markets | Australia and New Zealand | Australia |
| Ongoing commitment | No monthly subscription fees, no minimum draw volume | Loan interest applies for the full term |
When FundTap is likely the better fit
- You have outstanding invoices from businesses, government or council clients and want to unlock that cash without taking on new debt.
- Your cashflow needs are tied to invoice timing rather than a single lump-sum need.
- You only want to pay when you fund an invoice, not service a loan whether you use it again or not.
- You operate in New Zealand as well as Australia.
When Moula is likely the better fit
- You need a lump sum of capital for an investment.
- Your business does not invoice other organisations.
- You prefer a fixed loan structure with defined repayments.
Switching to FundTap takes four steps
- Connect your accounting software (Xero, MYOB, QuickBooks or Reckon). Takes about five minutes.
- Pick an unpaid invoice you would like to fund.
- See the exact fee for that invoice before you commit to anything.
- Receive funds, typically the same business day.
Common questions
Does my business need to invoice other businesses to use FundTap?
FundTap funds invoices your customers owe you, whether they are businesses, government departments, councils or consumers. The most common use is invoicing other businesses, but business-to-consumer, business-to-government and similar arrangements work too. What does not fit is cash-only work, because there is no invoice to fund against.
How is FundTap different from a business loan?
FundTap is not a loan. There is no new debt added to your balance sheet, no fixed repayment schedule, and no lock-in. You are accessing money you have already earned through an unpaid invoice. The invoice is repaid automatically when your customer pays, so you are never paying for funding you are not using.
What if my cashflow needs are short-term or sporadic?
That is exactly when FundTap works best. There are no monthly subscription fees, no minimum draw volume, and no contract. Fund one invoice, a few, or none. There is no penalty for not using the product.
How quickly can I get funded?
Once your accounting software is connected and your account is verified, eligible invoices are typically funded the same business day. Cut-off times and processing windows apply.
Competitor information is based on publicly available data at time of writing and may change. This page is for general information only and is not financial advice. Outcomes depend on circumstances, invoice profile, and approval. Confirm current terms directly with each provider.
