Hit with an unexpected bill and need an easy Online Loan? Swoosh can help with online cash loans from $2,000 to $5,000 with flexible repayment options. Our simple process gets you cash usually within a business day—and sometimes as fast as one hour.
Learn more: How To Get a Quick Loan Approval in Australia
What are online loans?
Online loans are loans that can be applied for – with all information submitted, reviewed and approved – 100% online. There’s no need to wait in line at the bank, or print and scan mountains of paperwork. Just apply online, receive your loan offer via email, accept, then wait for the money to hit your account.
You can use small online loans for:
Family expenses
Car, truck, or van repair
Home improvements and renovations
Holidays, travel, concerts, and excursions
Help before the next payday
Quick loans give you cash now, for something that can be repaid later.
Can I get an Online Loan with bad credit?
Our loans are based on your current situation, not your past credit reports—this is why we’re comfortable offering bad credit loans.
We offer our online loans after evaluating current bank statements, assessing whether the applicant has the ability to repay the loan now, not some time in the past. This way we are able to offer a second chance to those who have been affected by their credit history, getting them the cash they need today.
Online Loan amounts, fees, & term lengths
We offer secured loans from $2,000 to $5,000.
Tell us how much you need on your application and we’ll take care of the rest.
Term lengths for Online Loans
Our Term length for an online loan amount is 12 months, working to your payday schedule to simplify the repayment process.
Easy Online Loan cost structure
At Swoosh, we communicate upfront and honestly.
With us, there are no nasty surprises or hidden fees.
Here’s what to expect:
Debit dishonour fee (if a scheduled payment is returned unpaid). $35.00 Repayment options weekly, fortnightly or monthly (based on your pay schedule).
| Loan amount | $2000-$5000 |
| Application Fee | $0 |
| Establishment Fee | $400 |
| Other Fees | $16 |
| Annual Interest | 47% (Comparison Rate 66.0347%)** |
| Term length | 12 Months |
Swoosh interest charges are calculated daily based on the outstanding balance. Interest rates are fixed for the term of the loan.
Find out more here: payday loans rates and fees
How to apply for an online loan?
As one of the most trusted providers of online loans in Australia, we keep things simple, quick and easy, so you can borrow money online with confidence.
Our 100% online loan application only takes minutes—and can be done from a mobile phone, tablet, or computer.
After a few questions, like how much money you need, we’ll handle the rest.
Need more info? How to apply for payday loan online
Online Loan eligibility
To apply for a Swoosh loan, you need to meet these 4 criteria:
Be employed for 3 months or longer
Own a vehicle registered in your name
Be a permanent resident or valid visa holder of Australia
Be 18 years or older
It’s no obligation and free to apply with Swoosh, so our application can be paused or stopped at any time. So what are you waiting for? Apply for a loan online now.
Why choose Swoosh?
We’re different from other cash loans online, we make our process simple — and we make you the priority.
Our easy online loan systems are highly secure and keep your information strictly confidential.
You can have funds in your account in a matter of hours from when we receive the required information from you.
At Swoosh, we:
- Are on-time and reliable
- Ensure an easy and straightforward process
- Offer quick approval* with 100% online service
- Partner with you whenever you need it
Flexible repayment options
To make life easier, we offer repayment schedules that are personalised to you, which is what you’d expect from one of Australia’s best online loan providers.
All repayments are aligned with your paydays—and can be auto-set weekly, fortnightly, or monthly.
Got questions?
Our Customer Care team ensures your questions and concerns are heard and answered.
Contact us to get your questions answered, or to discuss your individual case.
Say goodbye to stress
End the worry of bills, expenses, and plans with friends. Apply online for a Swoosh loan today.
*Speed of approval is conditional to receipt of all requested relevant documents/information.
**WARNING: This comparison rate is based on the Swoosh Medium Loan for an amount of $2,500 over 2 years and a $400 establishment fee. Fees and charges are payable. Different terms, fees or other loan amounts might result in a different comparison rate.
FAQs
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.
Can I get a 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.
How can I apply for a loan online?
You can apply for a loan of $2000-$5000 online at swoosh.com.au—it’s completely free to apply!
Is there a way to get an instant loan?
In order to practice responsible lending, online loan providers must go through an approval process to ensure applicants are capable of making their loan repayments without suffering financial hardship. This takes time. But at Swoosh, our loan specialists are on-hand to assess your application within minutes of receiving it and, in most cases, we can approve your application within one business hour. In the world of loan applications, that’s pretty instant!
Why are Online Loans so popular?
Online Loans are simple and quick—allowing you to receive your cash as soon as today.
When will the cash be deposited in my account?
Once you return a signed contract electronically, we’ll deposit the funds directly into your bank account.
If your contract is returned by 3:30pm AEST time, the cash will be transferred to your bank overnight. If you’re with a ‘same day payment capable bank’—such as Commonwealth Bank, Westpac, NAB or ANZ—your funds will appear in your bank account within one business day.
Testimonials
Ryan was extremely Friendly and helpful during the whole process
Nicole Halliwell
Thank you so much tor giving me the chance! Nearly gave up! I really appreciated it! God bless
Jeralie Emnace
Great service been with them for a while. When I was stressing about urgent money I randomly had a text saying I can re-finance they came through same day without hesitation. Extremely thankful with their quick & helpful service A+++++
Kessy Tav
Excellent service, while others give 500 dollars so hard, Swoosh finace is 10 times better than them, thank you again Swoosh, the money was in my account within 1 hour 😜
Hızır reis Reis
Very accommodating, will do their best to set you on the right track, and find the best loan for you!! Thanks Swoosh Team!! You saved me…
Steven Fitzgerald
I’m happy I got approved (not for the amount I needed) but easy application and very responsive to questions and concerns. Easy and affordable repayments.
Mia Toomey
Understanding when I couldn't get files downloaded onto PDF, were happy to wait for my son to do it. Thanks again
Carol Woodcock
Good friend lily people an quick approval
Tony Mudge
Awesome finance swoosh is the best out there can't wait to get another loan from them it's so cheap
Derek Walker
Greatest company to deal with!!
Renae Bowerman
Great company to deal with. Response time excels to other companies. Would highly recommend. Thank you
Laura C
Swoosh I have been VIP for 5 years or so .always easy to deal with end never fail me good work again swoosh 👍🏽👍🏽
Grant Bottrell
Was great to work with was told it would be 24 hours before I found out as was the end of the day .
By 7pm I had a contract to sign, I signed it and money was in the bank within 10 minutes.
Thanks
Luke Wilson
I recommend this company.
muni howard
Been a swoosh customer for years. Love the fact that every 6 months I can top up my loan should I choose too. Very easy application, everything done online
V Vegh
Excellent start to finish experience.
The regular communication and updates provides certainty to the process leaving the borrower with the feeling that all is being done to provide a positive outcome.
Mark Atha
They took the time to look at my application and gave me options. Only thing I don’t like as an existing customer is if u wanna pay extra off ur loan or increase your repayments they charge u a fee
Nicki Bunn
Maria Cabrera
Dimitrios Velingos
Great quick service, was able to top-up after 6 months of regular payments, same day approval and money in account.
Jason Stanford
Been with swoosh for a few years now and they are a awesome company to deal with. Never had a problem with them at all.
Karyn Quinn
Tracey Grounds
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
