Micro Loans | Apply at Nifty Loans Now | $300 - $5,000

Fast Personal Loans

  • Smart and quick application form, which can be completed in minutes
  • 70% of applicants receive an outcome instantly
  • For applications that do not receive instant outcome, most receive a final outcome within 60 minutes!*
*During normal business hours.

Cash in your bank within 60 seconds

88% of our customers have their funds within 60 seconds of signing their contract.*

Tell me more!

*Only available for NPP enabled bank accounts

Cash in your bank within 60 seconds

88% of our customers have their funds within 60 seconds of signing their contract.*

Tell me more!

*Only available for NPP enabled bank accounts

Fast Personal Loans

  • Smart and quick application form, which can be completed in minutes
  • 70% of applicants receive an outcome instantly
  • For applications that do not receive instant outcome, most receive a final outcome within 60 minutes!*
*During normal business hours.

Micro loans from $300 to $5,000. Apply now!

I’m looking for a microloan but I’m not sure which one is right for me?

micro loans

With so many micro loans available, it’s difficult to know which one is best for you. Look no further because we offer online micro loans with fast outcomes! If you need cash today let Nifty lend a hand!

Our applications are super fast, easy and can be completed within minutes! Once you’ve submitted your online application, our assessment team will begin processing your application as fast as they can. We try to get you an answer within 60 minutes during business hours! If it takes a bit longer, don’t worry too much, we probably just need some extra information from you. We provide small amount short term loans fast! Just scroll to the top of this page and hit the APPLY button and begin filling out our quick application form.

You could be on your way to solving your cash-flow problems.

What are Micro loans?

Micro loans are small loans usually offered to businesses to help them get started. The microloans that we offer are small, hassle-free loans, processed online in quick-smart time. They are also small personal loans and cannot be used as micro business loans for enterprise purposes.

We know how time can easily slip away, that’s why we’ve made the process as quick and painless as possible. Once we receive an application, our loan specialists will conduct a quick assessment and have an outcome for you as soon as possible.

If your microloan is approved, we’ll try to transfer your funds to your bank account on the same day as long as the contract is signed within business hours. Deposit times may vary depending on the speed of your bank. Generally, we find your funds will be available for you later in the afternoon, or at the very latest, overnight! It’s pretty Nifty.

What are the benefits of getting a micro loan?

There are a bunch of benefits of getting a micro loan with Nifty Loans:

We’re super convenient! You can apply for micro loans from the comfort of your home or office. No need to get out of bed, or off the couch or even out of your pyjamas!

They’re fast and pocket size! Getting a loan couldn’t be any quicker! Our application process will only take a few spare moments and you could have your outcome within 60 minutes, during business hours.

We give everyone a fair go. Even if you have bad credit history, no credit history or you receive Centrelink benefits, we’re happy to receive applications from everyone and assess you with our comprehensive set of lending criteria.

So you can see how we are not like the traditional money lenders. If you’re still unsure if our micro loans are right for you, feel free to contact our team to find out more!

Can I still apply for a microloan if I am receiving Centrelink?

Yes! We consider Centrelink payments as a source of income.

When you apply for a loan with us you’ll need to have proof of having a regular source of income, which includes Centrelink payments.

Do you do credit checks?

As responsible lenders we conduct credit checks on all loans. However, we don’t just focus on your credit score. When you apply for a loan, we ask for at least 90 days worth of bank statements to see what your current relationship with money is like.

We take our responsible lending obligations very seriously, but we also want to make sure we are giving our customers the fair go they deserve. That’s why we look at other aspects of your finances, such as current repayments history, commitment levels and income.

Should you have any further questions the Australian Government website Moneysmart may have what you need.

Can I get a microloan if I have bad credit?

Yes, we offer loans to those with bad credit.

We understand that from time to time regular Australians may fall on hard times or have unfortunate circumstances. We believe that your credit history shouldn’t be the only factor in deciding whether you can take out a loan. That’s why we look at your current relationship with money as well as your credit history.

Your credit history isn’t always the deciding factor if you are going to be approved for a loan. We look at at least 90 days worth of bank statements so we can see how your finances are currently going.

Honesty and transparency 

At Nifty, honesty and transparency are our priorities. That means we do not do hidden fees or charges. When you sign an agreement with the Nifty team, what you see is what you get. We’ll make everything very clear in your contract. Keep in mind that it is the responsibility of the borrower to read through our agreement carefully. It is important to make yourself aware of any fees or charges that could incur if a payment defaults. The Nifty team are here to help. So, if you’ve got questions, fire away! 

How do I repay my micro loans?

No problem! If your micro loans are approved we will line up your repayments to be directly debited from your account on your payday. It’s that easy! No need to worry about remembering to make your repayments, we’ve done all the hard work for you!

Once your loan has been repaid back in full your direct debits will stop automatically. See? Hassle-free and simple!

What if I can’t make a repayment?

We get it. Sometimes life gets in the way and making a repayment might not be possible. At Nifty, our team are more than happy to help we will just need you to give us plenty of notice. If you don’t think you’ll be able to make a repayment make sure you give our team a call at least 24 hours in advance. We will do our best to arrange an alternative payment schedule to keep you on track.

What if I want to repay my loan earlier?

Great! Nifty Loans gives you the flexibility to pay off your micro loan earlier!

You won’t incur an early payout fee if you do decide to repay your loan early. In fact, paying off your loan early may help you save on monthly fees!

Who is Nifty Personal Loans?

We are an Australian based personal loans company. We are 100% online; we’re fast, efficient, and pretty damn good at what we do. This means no more queuing to repay your loan or having to make appointments with a bank manager! The personal loan game just got easier.

We also pride ourselves on having amazing customer service! We understand time is valuable, so whenever you send in an application or have a question, our team is ready to give you an answer as soon as possible. During business hours, we aim to get you an answer within 60 minutes!

If you have any questions at all about your loan give us a call and our friendly customer service team will be ready to help.

What should I consider when looking for a microloan?

Who is this product for?

To be eligible to apply for micro loans you need to be:

18 years of age. Have a regular source of income. Be a permanent Australian citizen or permanent resident. Have an active mobile number and email address.

What are your repayment terms?

Repayment terms will vary depending on the applicant’s loan amount.

Loan types available

Fixed personal loans.

Lender

Nifty Personal Loans

Ready to apply? Great! Apply now and see just how Nifty our loans are.

Nifty is introducing instant banking! Read more here.

Micro loans from $300 to $5,000. Apply now! Overall rating: ★★★★★ 4.6 based on 232 reviews
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Loan Costs

Small Loans

Small Loans

$300 - $2,000

Loan amounts: $300 - $2,000
Terms: 6 - 9 months
Establishment fee: 20%
Monthly Fee: 4%
APR: N / A *
Comparison Rate: 138.37%**
View Example

Small Loan Example

Loan amount: $1,000
Terms: 6 Months,
(24 weekly repayments)
Establishment fee: $200
Total other fees: $240
Total payable: $1,440
Weekly installments: $60.00
View Loan Details
Medium Loans

Medium Loans

$2,001 - $4,600

Loan amounts: $2,001 - $4,600
Terms: 9 - 24 months
Establishment fee: $400
Monthly Fee: $0
APR: 47.8%
Comparison Rate: 65.86%**
View Example

Medium Loan Example

Loan amount: $2,500
Terms: 24 Months,
(104 weekly repayments)
Establishment fee: $400
Total other fees: $1,609.44 (reducing interest)
Total payable: $4,509.44
Weekly installments: $43.36
View Loan Details
Large Loans

Large Loans

$5,000

Loan amount: $5,000
Terms: 9 - 24 months
Establishment fee: Variable
Monthly Fee: $0
APR: 21.24%
Comparison Rate: 48%**
View Example

Large Loan Example

Loan amounts: $5,000
Terms: 18 months,
(78 weekly repayments)
Establishment fee and Total Interest: $1,897.54
Total payable: $6,897.54
Weekly installments: $88.43
View Loan Details
* Not applicable. Small loans do not charge an annual interest rate.

** WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan. Different loans may include other payable fees and charges. All fees and charges will always be displayed on your loan contract.

Loan Costs

Small Loans

Small Loans

$300 - $2,000

Loan amounts: $300 - $2,000
Terms: 6 - 9 months
Establishment fee: 20%
Monthly Fee: 4%
APR: N / A *
Comparison Rate: 138.37%**
View Example

Small Loan Example

Loan amount: $1,000
Terms: 6 Months,
(24 weekly repayments)
Establishment fee: $200
Total other fees: $240
Total payable: $1,440
Weekly installments: $60.00
View Loan Details
Medium Loans

Medium Loans

$2,001 - $4,600

Loan amounts: $2,001 - $4,600
Terms: 9 - 24 months
Establishment fee: $400
Monthly Fee: $0
APR: 47.8%
Comparison Rate: 65.86%**
View Example

Medium Loan Example

Loan amount: $2,500
Terms: 24 Months,
(104 weekly repayments)
Establishment fee: $400
Total other fees: $1,609.44 (reducing interest)
Total payable: $4,509.44
Weekly installments: $43.36
View Loan Details
Large Loans

Large Loans

$5,000

Loan amount: $5,000
Terms: 9 - 24 months
Establishment fee: Variable
Monthly Fee: $0
APR: 21.24%
Comparison Rate: 48%**
View Example

Large Loan Example

Loan amounts: $5,000
Terms: 18 months,
(78 weekly repayments)
Establishment fee and Total Interest: $1,897.54
Total payable: $6,897.54
Weekly installments: $88.43

* Not applicable. Small loans do not charge an annual interest rate.

** WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan. Different loans may include other payable fees and charges. All fees and charges will always be displayed on your loan contract.