Kikka

Kikka was founded in 2015 by experienced industry professionals who envisioned a better way to do business finance.

With so much experience in the financial industry, it’s no wonder they realized that a revolution was poised to take place – one that put the borrower in a better position. Kikka is a local alternative credit provider offering business lines of credit that can be used to better manage the cash flow of any business whether it has been in operation for a year or for 10.

Kikka versus the banks

One of the major differences between Kikka and the large Australian banks is that they have significantly less stringent eligibility requirements for applicants.

For example, rather than requiring a 36-month operating history, like most banks, they only require that you have a 12-month operating history.

In addition, they have a completely paperless loan application procedure which means you don’t have to waste time filling in paperwork or standing in line at a bank.

Great customer service

Unlike large banks who value quantity over quality any smaller lender, Kikka included, offer more personalized customer service and is likely to be more flexible with regard to their requirements, application processes, repayments and so forth.

Kikka is one of Australia’s newest business finance players having started operating in 2015. Although they lack a long history, they make up for it with the expertise and experience of their founders and team members.

Kikka offers an alternative way to get a business line of credit than the traditional banks. Rather than applying for a business loan why not consider a line of credit that can be reused, up to the set limit, once paid?

Get a line of credit up to $100,000

With Kikka small and medium-sized businesses can get business credit from $1,000 to $100,000 with simple loan repayment terms that suit your business’ cash flow.

No interest is charged

Kikka does not charge interest but, rather charge businesses that make use of their line of credit a fee that is then applied to the principal loan amount and deducted along with the principal once a month.

Make extra payments

You can make extra manual payments on your fast loan at any time you wish at no extra cost or charge with this lender. In fact, Kikka encourages business owners to repay early if their income and cash flow allows for this.