Small Cash Loans | $300 To $5,000 | Fast Outcomes | Apply Today!

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.*

*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.*

*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.

Simple Solutions with Nifty Loans

Andy

Andrew Bell

Last updated: April 28, 2020

  • 7 min read

7 min read

Small loans for small hurdles

We understand that there are times in life when you just need some cash fast. But the question is, how do you get it? That’s where Nifty, your reliable and trustworthy lender, comes in. At Nifty Loans, you can apply for small cash loans between $300 to $5,000 for those tough times. We can help you pay off medical bills, education expenses, wedding costs, and more! For fast loans, check us out today.

When you’re in need of fast cash, there’s no time to waste. Read more about our small cash loans here at Nifty Loans, and then get applying. If you apply during business hours, you could have an answer to your application in as little as 60-minutes! After that, the cash could be in your bank account on the same day!

Small Cash Loans

Tell me more about small cash loans

As the name suggests, small cash loans are personal loans of small amounts of cash. At Nifty, we offer these loans between $300 and $5,000. We’re a flexible lender and customise the loan to suit your individual financial needs.
Repayment terms

We offer repayment terms of small loans between 6 and 24 months. With Nifty, you have flexibility in choosing how quickly to repay your loan. For example, you can choose your repayment instalments (e.g. weekly, fortnightly or monthly).

Further, if you’d like to pay your loan back quickly, you can select a repayment term as short as 6 months. Conversely, if you’d like to pay it off slowly, you can choose a longer repayment term up to 24 months. When choosing your loan term, you should consider interest rates. For example, you will accrue more interest if you choose to take longer to repay the loan. However, this may give you the financial flexibility you need rather than paying off the loan quickly. It’s really up to you! We suggest that you assess your financial situation before choosing repayment terms and instalments.

Security

The great thing about our small cash loans at Nifty is that we offer them unsecured. Security refers to an asset that you attach to the loan, such as a car. The lender will have access to this asset in case you can’t make repayments. Luckily, we don’t need security for small loans up to $2,000 at Nifty! This makes the process much more stress-free, as you won’t have to worry about us having access to your car or other assets.

Many lenders will require you to provide security for all loans with them. We offer unsecured loans as we know it’s convenient if you don’t have an asset to offer up as security. This is one of the many ways we tailor our loans to our customers here at Nifty. We won’t ask you to provide us with anything more than you already have!

What can I use my small loan for?

If you take out a small cash loan, you can use it for almost anything! If you’re reading this page now, you may already know what you want to use your loan for. However, if not, we’ve compiled a table to give you an idea on what you can use small cash loans for:

Medical billsBroken an arm? Due for a dental checkup? Have to go into the hospital for an emergency procedure? No matter how much we try to save our finances for a rainy day, sometimes life can get the better of us. Small loans can cover your medical costs while you focus on getting better and getting back on your feet.
Education costsKeeping on top of those expensive student loans can be tricky. What’s more, there are so many costs associated with education. Think about laptops, textbooks, transport fees, etc. Small cash loans can keep you in the loop during the university semester. Don’t let your financial troubles stop your education!
WeddingsThere’s no denying it – weddings are expensive. Taking out a small loan to cover the expenses can make your day just that extra bit special. Don’t spare any expense for your wedding day when you can take out a small loan!
Urgent repairsLife happens – maybe you’ve scratched your car, or your laptop has stopped working. Urgent expenses pop up all the time, and we can help you cover them to ease your stress.

These are just examples, and the list of things you can use your loan on is endless! You can use a small cash loan for any expenses that equal up to $5,000.

Why do so many Aussies trust Nifty Loans?

It’s simple – we’re a reliable, trustworthy and hardworking Aussie lending service that understands your needs. We know that everyone is different and spends their money differently, so we cater to your individual requirements.

Fast and quality service

We strive to provide our customers with fast, quality service. Taking out loans can be daunting for some. That’s why we try to make the process as comfortable for you as possible. For example, our application process is 100% online so you don’t have to deal with any paperwork. Our friendly customer service team is also always available for a chat should you have any questions.

We won’t rest until we know that we’ve provided the best possible loan option for you! Taking out small cash loans has never been easier.

No hidden costs

At Nifty, we are 100% transparent about all fees and costs associated with our loans. What you pay will depend on the type of loan you take out, so be sure to read your contract before you sign it. Also, there may be additional fees to pay if you don’t meet your loan repayments. Don’t worry though – this will all be in the contract. If you have any questions, our friendly team is always happy to explain everything so that there are no surprises!

Easy repayment options

As we’ve mentioned before, you have the flexibility to choose your repayment terms and instalments. Once you’ve done this, we go one step further to make the process as hassle-free as possible. We understand that it can sometimes get tricky keeping track of your repayments. That’s why we will organise repayments so that they are automatically debited from your account and generally in line with your payday. This will be done with your permission, of course.

Bad credit loans

We don’t like to discriminate against people with bad credit. Though many lenders may turn you away, we believe in compassion and flexibility when lending money. At Nifty, we understand that sometimes a bad credit score may not be the entire picture. When assessing your application, we’ll have a look at other factors that affect your financial circumstances. For example, we’ll look at your current relationship with money, whether you have a stable job and income, and other financial commitments.

Loans for those unemployed or on Centrelink payments

At Nifty, we believe in responsible lending practices. This means that we will not lend you money that we don’t reasonably believe you will be able to pay back. Unfortunately, if you’re unemployed, this means that we cannot approve your application. We require our applicants to be receiving a regular income into their bank account for a minimum of 3 months.

The good news is that if you’re on Centrelink, these payments can be considered as regular income! We understand that sometimes when times are tough, you need a helping hand. If you’ve been receiving an income from Centrelink for the past 3 months, then we may be able to help. Check your Centrelink benefits here to see if you qualify.

How can I apply with Nifty Loans?

Applying for small cash loans with Nifty Loans has never been easier. For your convenience, we’ve broken the process down into four simple steps.

Step One: The application process

We aim to make our application process as quick and easy as possible. This is why our application process is entirely online and may only take you a few minutes to fill out. What’s more, if you apply during business hours, you may get a response in as little as 60-minutes! That means the money may be in your account on the same day you apply!

Just as a heads up, our application form will ask for a few details. To help you speed things along, have the following details ready when you go to fill out the form:

  • Personal details (such as your full name, residential address and date of birth);
  • The reason you are applying for a small cash loan;
  • Your bank account details so we can access read-only copies of your bank statements; and
  • My Gov details (if applicable).

Step Two: Conditional acceptance

The hard part is done! Now, everything is up to us – we complete steps two to four for you. You won’t have to worry about anything whilst we have a look at your application. However, here’s an idea of what we do so that you understand the whole process.

When we receive your online application form, there are a few things we automatically check. For example, we have a few requirements that you must comply with in order to be accepted for a loan. Applications must be:

  • Over 18-years of age;
  • An Australian citizen or a permanent resident;
  • Receiving a regular income into your personal bank account for at least the past 3 months; and
  • In possession of an active mobile number and email address so that we are able to contact you.

If you comply with these requirements, then we’ll quickly check out your personal and financial details. We do this so that we can determine if our small cash loans are suitable for you. If we deem that they’re suitable, then we conditionally accept your application. You’ll receive a notification once this occurs.

Step Three: Time for us to assess your application

Now, it’s time to conduct a more in-depth assessment of your application. We already know that you fulfil the basic requirements, so now we want to look into your financial circumstances. We use the latest and safest banking technology to obtain read-only copies of your bank statements. There’s no need to worry – these are completely safe and we can’t actually access your bank account.

We do this so that we can gain a better understanding of you as our customer. For example, we don’t want to lend you an amount of money that you can’t reasonably afford to pay back. Here at Nifty, we work with you to reach an affordable and suitable solution for your needs.

As you can already tell, we believe in fast and easy processes. We don’t like to beat around the bush. So, if you apply during business hours, you can get a response in as little as 60-minutes! (Provided we do not require any further information from you) How’s that for fast service?

Step Four: Cash straight into your account

That’s it! If we approve your application, we’ll send you an electronic copy of our loan agreement. You’ll just need to review and approve the offer. As soon as you sign the contract, the money is yours! We’ll transfer it straight into your nominated bank account. This can take as little as 60-seconds.*

If you return the signed contract to us during business hours, you could have your money on the same day! Of course, the transfer of money is always subject to bank transfer times. However, we’ll work hard to get it to you as soon as possible.

Apply with Nifty today!

It’s really that simple. If you’re in need of a small cash loan, then what are you waiting for? Jump online to our small cash loans application page and start applying today!

We also offer many other loan options that may suit your needs. If a small cash loan isn’t enough, check out our larger loan options.

*Only applicable to NPP approved bank accounts. Subject to interbank transfer times.


Andy Andy

AUTHORITATIVE SOURCE

Andrew Bell

Since founding Nifty in 2016, Bell has continued to make waves within the local financial sector for his continued ambition and willingness to adopt emerging technologies.

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Loan Costs

Grown Tree 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
Growing Tree 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
Potted Plant

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
* 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

Potted Plant

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
Growing Tree 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
Grown Tree 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.