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If you’re in need of cash for an unexpected bill, an exciting weekend event or car repairs, check out the best Small Personal Loans in Austrlia. Swoosh is a local direct lender offering 100% online loans. 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.
Get quick approval on your loan today
What is a small personal loan?
A small personal loan from Swoosh is a short term loan ranging between $2,200 to $5,000. You can apply online at any time and get cashed up quickly.
What can I use it for?
You can use a small cash loan for anything you need, some common loan reasons include
Car repairs
Bond payment
Holiday
Unexpected bills
+ much more!
How to get a small personal loan
Getting a small short term personal loan from Swoosh is easy! Just follow these 3 simple steps and you’ll be cashed up in no time.
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 small personal loans work?
You can borrow a small amount of money quickly and pay it off over 12 months. Using the repayment calculator you can see exactly what you will pay the repayment frequency.
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)*.
Eligibility for small personal loans
Forget long queues and extensive requirements. Get your same day cash loan today.
We offer easy personal loans, even if you have bad credit. You only need to meet the following criteria to be eligible to apply:
18 years or older
Permanent resident or valid visa holder of Australia
Employed 3 months or longer
Own a vehicle registered in your name
From the application to the cash arriving in your bank account, we make it easy to apply for a personal loan.
Whatever the reason, Swoosh can help. Apply for a loan with Swoosh today.
Loan amounts & repayment schedule
We offer small loan options of $2,200 to $5,000.
Based on what you need, we’ll set up a plan that works for you. To make life stress-free and easy, we offer flexible repayment options, aligning with your paydays.
- Weekly
- Fortnightly
- Monthly
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 your loan is 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.
Interest rates & fees
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.
| 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 |
Find out more: Payday loans rates and fees
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.
Can I get a small personal loan with bad credit?
Our loans are based on your current situation, not your past credit reports, which 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.
How to get a small personal loan with no credit
You can apply with Swoosh even with no credit history. Because of our simple eligibility criteria, you only need to meet 4 requirements to be eligible to apply for a Swoosh personal loan.
We practise responsible lending
We aren’t just about offering our customers quick and easy Small Personal Loans. At Swoosh, we uphold reliable, trustworthy, and responsible lending. We act with honesty and integrity—and treat all potential borrowers fairly and reasonably. And we only approve your loan application if we believe you can repay it, so you know you’re in safe hands.
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:
- A streamlined 100% online application
- Fast direct deposit
- A completely secure and confidential system
- Friendly and helpful customer care
Got questions?
Contact us to get your questions answered, or to discuss your individual needs.
**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
Is a small personal loan a good idea?
Small personal loans can be helpful in the right circumstances and provide fast access to cash when you need it. But it will depend on your unique situation, so it is always good to explore all your options before you decide.
Do cash loans affect your credit score?
Cash loans do impact your credit score, they have the potential to help improve it or to negatively affect it. For example, meeting all repayment requirements will reflect positively on your score but missing payments will have a negative influence. Understanding how credit scores work in Australia will help you understand how to manage your finances and decide whether a personal loan is right for you.
What is the smallest personal loan you can get?
Small loans from Swoosh start at $2,200.
How many cash loans can you have?
There is no set limit in the number of cash loans one person can have. However, it’s important to remember that all lenders have their own eligibility criteria and when assessing your ability to repay a loan, and having other cash loans will impact their decision.
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.
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
