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If you’re in Australia and need a quick cash loan today, let us do the heavy lifting. Get the best quick cash loan in Australia with our 100% online application process, fast approvals, and simple criteria. As soon as we have all the information we need, you’ll have the cash in your bank account in as little as an hour. That’s basically an instant cash loan!
Our easy online loans are fast, stress-free, and ready to help you with your cash flow needs. Small loans are our business, so let us help you today.
Guide to instant approval personal loans
What is a quick cash loan?
A quick cash loan is a short term loan that can be accessed quickly, making it ideal in emergency situations. You can apply for a quick cash loan online and get fast cash to cover any costs.
Is a cash loan the same as a payday loan?
Today, a cash loan and a payday loan are more or less the same thing. They’re both tightly regulated forms of finance. This wasn’t always the case though.
Payday loans began in the US and arrived in Australia in the 1990s. The industry grew quickly and soon got a bad reputation, as lenders often charged enormous amounts of interest. The 2008 global financial crisis (GFC) prompted governments, borrowers and institutions to change their attitudes to credit. This change was the beginning of the end for unscrupulous payday loan providers in Australia. And then in 2013, the Commonwealth government abolished these types of payday loans by introducing small amount credit reforms. Thus, the “payday loans” of today are very different to 20 years ago.
How to get a quick cash loan online
Our 3-step easy loan process
You can get a fast, easy loan today by following our 100% online application form and approval process.
1. Complete an online application on your mobile phone, computer or tablet. Applications only take minutes.
2. Approval of your loan is provided within 60 minutes of receiving your information (during business hours)*. The decision will arrive promptly — right in your inbox.
3. After approval, an offer is sent to you via email. Once you’ve signed the contract, we’ll send the money directly to your bank account!
Find out more about how to get a loan with Swoosh.
*Approval speed is conditional upon receipt of all requested relevant documents/information & usually comes within 1 hour during normal business hours/banking days. If you return your contract by 3:30pm AEST, your funds will be transferred overnight.
How do quick cash loans work?
Quick cash loans are a safe and highly regulated way to borrow money. Simply use our loan calculator to set your loan amount and view what your repayments would be. Our short term cash loans range between $2,200-$5000 and can be paid off over 12 months.
Learn more: How Do Cash Loans Work?
Quick cash loan rates and fees
Our Cash Loan structure is as follows:
| Online cash loan amount | $2,200 to $5,000 |
| Application Fee | $0 (even if your application is not approved) |
| Standard establishment fee | $400 |
| Other Fees | $16 (included in loan) |
| Annual Interest | 47% (Comparison Rate 66.0347%)** |
| Term length | 12 Months |
| Flexible repayment options | Weekly, fortnightly or monthly (based on your payday) |
| Direct debit dishonour fee | $35.00 debit dishonour fee may be issued if a scheduled payment is missed or returned unpaid |
We’ve got no hidden costs or monthly fees, all your payment information is listed in the table above.
Eligibility for our quick cash loans
You can apply for one of our online cash loans if you meet these criteria:
Are 18 years or older
Have been employed for at least 3 months
Be a permanent resident or valid visa holder of Australia
Own a vehicle (like a car or motorbike) registered in your name
Can I get a quick cash loan with no credit check?
Swoosh does conduct a credit check when you apply for a loan. However, if you have bad credit, it doesn’t matter to us – you can still get a loan. Swoosh loan application assessors don’t base approvals on your credit history; instead, we consider your ability to repay the loan now.
Can I get a cash loan with bad credit?
Yes, it’s possible. At Swoosh, we look at your ability to repay the loan now – not some point in the past. So we can offer cash loans to those with bad credit, as long as you’re an Australian resident, you own a vehicle of some sort, you’re 18 or over and employed.
Flexible repayments
To make it easy, we align repayment schedules with your paydays. You can set payments to be:
- Weekly
- Fortnightly
- Monthly
Why do people love our Quick Money Loans?
If you’re looking for the best instant cash loans, look no further. Swoosh customers love our fast cash loans because they get the money they need—without tons of paperwork hassle and long waiting lines. Check out our reviews!
Our Cash Loans can be used for:
Home improvements & renovations
Travel plans and holidays
Flights and other transportation
Training courses or school programs
+ much more!
Learn more: Reasons To Get A Quick Cash Loan
No matter your reason, apply for a small cash loan today and we’ll give you a fast answer!
Responsible lending
As a reputable direct lender in Australia, we always practise responsible and trustworthy lending — because it’s the right thing to do.
As responsible lenders, we’ll only approve your application if we believe you have the ability to repay the loan. And unlike other digital lenders, we utilise professional (human!) assessors to review and approve all loan applications.
Check out our blog to have confusing Loan Terminology explained. You can also check out the FAQs at the bottom of this page or find even more answers to questions about our loans.
Cash Loan FAQ
What do you need for a cash loan?
You need to be able to provide us with current bank statements, two forms of ID, as well as employment payslips.
Where can I get a same day cash loan?
Are you thinking, “but I need a cash loan today!”? If you apply online with Swoosh, in most cases you can get your money on the very same day. Our assessors aim to review your application within minutes and send an approval within one business hour assuming all the correct information has been provided. It’s free to apply and, as responsible lenders, we will only ever approve your loan application if we believe you can make the repayments.
Can I get a cash loan without a bank account?
No, as the funds are transferred directly into your account you will need a bank account to get a loan.
When will the cash be in my bank account?
At Swoosh, we work hard to make sure the cash is in your account as fast as possible. We’ll direct deposit the cash into your bank account within one business day of your loan approval. Contracts are signed electronically, so there’s no paperwork hassle.
If you return your contract by 3:30pm (AEST) time, your funds will be transferred overnight.
Can I get a cash loan without a credit check?
As a responsible lender, Swoosh does not offer no credit check loans. But because we service both people with bad credit and people with no credit history, this won’t impact most people’s chances of approval.
Are online loans legit?
Online loans are 100% legal. However, as with anything, when looking for online loan providers you need to do your research to make sure you’re choosing a reputable lender. Swoosh has been helping out Aussies with quick cash since 2014 and our team is led by Brent McIntyre who has spent 20 years in the finance industry. Find out more on our About Us page.
How long will it take for my loan to be approved?
Approval of your loan is provided within minutes of you providing the required information (during business hours)*. The decision will arrive promptly – right in your inbox.
Can I get a loan if I’m on Centrelink?
You are still eligible for a loan with Swoosh if you get payments from Centrelink. However, Centrelink cannot be your only income. You will need to have had regular employment for the past few months to get a loan from Swoosh.
Testimonials
Jade was really easy to deal with very efficient and I had no dramas understanding any of the things she needed to complete
sam johnston
Caring excellent customer service very efficient fast with email replies very helpful every step of the way would highly recommend her
Donna Moroney
I've always had a good experience with swoosh and today with Ana was no different, she gets back to me really quick and is easy to deal with
clint bindley
Carin has been really helpful in assisting me with my application. Very professional! Thanks so much Carin!
Eric & Zephy
Fast service friendly team. Ana has been wonderful. Recommending her highly.
Melissa Wilson
Had excellent service bestowed my way with Swoosh, always up and ready to help. Stacey, Carin and others help out in every way possible, timely responses and overall a pleasure. Thanks Swoosh team :-)
Tales from the Crypto
Swoosh is a professional high quality business and would like to thank in particular Stacey and Ryan for their professionalism in dealing with customers and their knowledge and responsiveness to processing applications.
Naseer Mansour
Very helpful and very understanding. I dealt with Ana and she was an absolute pleasure to deal with.
Tohi Ridings
Great service..very helpful and hands on with customers. Process went smooth n fast.
Thanks you Ana for your great help .much appreciated
J R
Highly recommended if you meet the criteria, very helpful staff have dealt with them all on multiple occasions.
Ana is amazing at what she does extremely easy to deal with and gets things done...
Shayne Khan
The Swoosh difference
Our Cash Loans are available when you’re in a pinch — and we work hard to make it happen fast.
We put you first, ensuring you have all of the information upfront.
Swoosh Cash Loans give you the funds you need now from a lender you can trust.
Want to chat to someone?
Use our live chat or fill out the contact form to get in touch with a Swoosh Finance specialist
