Small Loans

Swoosh provides Small Loans from $2,000 – $5,000. Swoosh small cash loans are designed to spot you in between paydays, providing financial relief for any sudden, unforeseen and unbudgeted expenses. You can also use a Small Loan to pay for a short course that will help you upskill and get ready for that big promotion.

Whatever the reason, Swoosh can help. Apply for a loan with Swoosh today.

Get a small loan fast with Swoosh

What are Small Loans?

Small Loans from Swoosh are between $2,000 and $5,000. They’re a great alternative to most personal loans from traditional banks where the minimum borrowing amount might be much higher. Our Small Loans are also a great option for people who do not have a credit card – and even for those with a bad credit score.

How much can I borrow?

You can borrow between $2,000 to $5,000 in a Small Cash Loan. You can use this any way you like to help with unexpected and/or unbudgeted expenses.

How quickly can I get a Small Loan online?

Our application process is 100% online and only takes minutes to complete. Once received, we can get you the cash you need on the same day. Find out more: How To Get A Cash Loan

What can I use my Small Cash Loan for?

That’s entirely up to you. You might want to pay for a holiday, get some new furniture, or buy a prize poodle! Whatever your reason for wanting some extra cash, we don’t need to know it. All you have to do is tell us how much you want. As long as you meet the eligibility criteria and repayment requirements, there are no restrictions on how you spend the money.

Am I eligible to get a Small Loan?

Most people in Australia are eligible for a Swoosh Small Loan. You just need to meet the following simple criteria:

Can I get a Small Loan if I have bad credit?

Yes, it is possible. Your credit history doesn’t impact our decision. We believe in responsible lending and consider every Small Loan application on its individual merit.

Fees and interest rates:

Our Small Loans can be paid back over 12 months. There are no hidden charges, monthly fees and no penalties for paying back your loan quicker – so you can pay it back as soon as you are ready. Find out more: Payday Loans Rates and Fees

• $0 application fee (even if your application is not approved)
• Establishment Fee – $400 (included in the loan)
• PPSR and Security Check – $16 (included in loan)

Keep in mind that you may incur additional fees and charges each time you miss a payment, and this may affect the length of your loan.
Interest is calculated daily based on the outstanding balance and is applied monthly to your account. Interest rates are fixed for the loan term — so you know exactly what to expect. If a scheduled payment is returned unpaid, we may issue a $35.00 debit dishonour fee. This fee is not subject to interest, though you’ll continue to pay usual interest charges as described.

Can I apply for a Small Cash Loan with Swoosh if I have an existing loan with another company?

Yes. If you have other small personal loans, car loans, or any other type of loan, you can still apply for a Small Cash Loan with Swoosh. As responsible lenders, Swoosh will only approve your application if we believe you can afford to repay your loan.

We make it easier to make repayments

To make life stress-free and easy, we align your repayments with your payday so you don’t miss a repayment. We also only approve your loan application if we believe you can repay it.

How do I apply?

Applying for a Small Cash Loan with Swoosh is quick and easy.