Small Personal Loans

If you’re in need of cash for an unexpected bill, an exciting weekend event or car repairs, a Swoosh Small Personal Loan is here to help. At Swoosh, we get you the money you need — fast. Rather than navigating a mountain of paperwork, apply for an online loan today for an affordable personal loan.

Apply now with Swoosh and get a Small Personal Loan today

Eligibility for Small Personal Loans

Forget long queues and extensive requirements. Get your same day cash loan today.
With Swoosh we offer easy personal loans; you only need to:

Small Personal Loan amounts

We offer small loan options of $2,000 to $5,000.

Based on what you need, we’ll set up a plan that works for you — inclusive of a flexible repayment schedule.

How fast will the cash appear in my account?

During normal business hours, approval for our quick loans can come within 1 hour of receipt of the required information from you.*

Once approved, we’ll send you an offer along with a contract for your fast personal loan.

If your electronically signed contract is returned by 3:30pm AEST time, the funds will be transferred directly into your bank account overnight.

If you’re a member of a ‘same day payment capable bank’, such as Commonwealth Bank, Westpac, NAB or ANZ, your cash will appear in your bank account within one business day.

No worries

We’re here to take the burden off you and make it simple to apply for a personal loan.

We understand unexpected events and emergencies happen that you’re unable to budget for.

Our simple online loan application only takes a few minutes — and approval usually comes within an hour of receiving all the required information (if during business hours)*.

Why Swoosh customers love our fast Small Personal Loans

Because we are one of the most trusted providers of small personal loans in Australia. We offer:

Personal Loan structure

Because we believe in transparent communication — and no nasty surprises — here’s everything you need to know about our quick and easy online personal loans.

• Small Personal Loans ($2,000 to $5,000)
• $0 application fee (even if your application is not approved)
• $400 standard establishment fee
• $16 other fees
• 47% annual interest (Comparison Rate 66.0347)**
• Term length: 12 months

Repayment options

To make life stress-free and easy, we offer flexible repayment options, aligning with your paydays. You can choose to pay weekly, fortnightly, or monthly.

Fees and interest rates

Our Small Personal Loans can be paid back over 12 months. There are no hidden charges, monthly fees and no penalties for paying back your loan amount 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)

You may incur additional fees and charges each time you miss a payment, and this may affect the length of your loan and your credit score.

Interest is calculated daily on the outstanding balance. Interest rates are fixed for the loan term — so you know exactly what to expect. If a scheduled payment missed or returned unpaid, we may issue a $35.00 debit dishonour fee.

Questions and concerns

At Swoosh, we don’t like surprises, so we work hard to make sure that our online personal loans are as intuitive as they are quick and easy. Check out our FAQs or reach out to our Customer Care team if you have any questions or concerns.

Can I get a Small Personal Loan with bad credit?

Our loans are based on your current situation, not your past credit reports – this is why we offer 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.

We practise responsible lending

We aren’t just about offering our customers quick and easy Small Personal Loans – we’re here to uphold reliable, trustworthy, and responsible lending. We act with honesty and integrity — and treat all potential borrowers fairly and reasonably. We only approve your loan application if we believe you can repay it, so you know you’re in safe hands.