FlexiCredit
New
Small loans, delivered fast
Small Loans
- Borrow from $2,100
- Small loans up to $4,600
- Loan terms from 9 months to 18 months
When life throws you a curve ball, you might need some help paying for it. A small loan with Jacaranda Finance could be just what you need to manage these unexpected (and expected) expenses.
Google Rating
2,660+ Reviews
Word of Mouth
880+ Reviews
Product Review
1,810+ Reviews
Trustpilot
900+ Reviews
Sometimes we offer customers incentives encouraging an honest review of our services, be it negative or positive based on their unique experience. It is possible that some reviews were written by customers who received a reward regardless of their review being positive or negative. Last updated: 30/11/23
I'd like to borrow
Over the term of
You can now check your eligibility,
with no impact on your Credit Score!
2,660+ Reviews
Google Rating
2,660+ Reviews
Word of Mouth
880+ Reviews
Product Review
1,810+ Reviews
Trustpilot
900+ Reviews
Sometimes we offer customers incentives encouraging an honest review of our services, be it negative or positive based on their unique experience. It is possible that some reviews were written by customers who received a reward regardless of their review being positive or negative. Last updated: 30/11/23
Funds in 60s
to PAYID Enabled Banks
Not all banks or bank accounts are PayID enabled. To find out more information about PayID and how it works, please visit https://payid.com.au/ or contact your bank.
What is a small loan?
A small loan is just a loan you take out to cover small-to-medium-sized expenses. They are not technically a personal loan - those start from $5,000 - but still allow you to borrow a lump sum to be repaid over a specified loan term, with interest.
About our small loans
At Jacaranda Finance, our 'cash boost' loan could be the solution you're looking for to manage those smaller, but still significant expenses. With cash boost, you can borrow as little as $2,100 up to $4,600. Our loan terms for this product range from 9 months to 18 months with fixed interest rates, so you can pay your loan off in a shorter period of time with more structured repayments.
Whether you're wanting a small loan to pay for flights, car repairs, or a rental bond, a Jacaranda Cash Boost could be what you need.
What's more, our 100% online streamlined application process means you can:
- Complete your application in just 5-12 minutes1 depending on your circumstances,
- Receive an outcome on your application on the same day2 if you apply during business hours, and
- Have the funds transferred to your bank account within 60 seconds of signing your loan contract3 (NPP enabled-bank accounts only).
-
Fast response and quick service. Life savers
Google Rating
2,660+ Reviews
Word of Mouth
880+ Reviews
Product Review
1,810+ Reviews
Trustpilot
900+ Reviews
Sometimes we offer customers incentives encouraging an honest review of our services, be it negative or positive based on their unique experience. It is possible that some reviews were written by customers who received a reward regardless of their review being positive or negative. Last updated: 30/11/23
Small Loan Details
| Loan Amounts: | $2,100 to $4,600 |
|---|---|
| Loan Terms: | 9 months to 18 months |
| Loan Type: | Unsecured and secured |
| Rate Type: | Fixed |
| Repayment Frequency: | Weekly, fortnightly and monthly |
| No Early Payout or Exit Fees: | Customers who pay their loan out early do not incur any additional fees or charges for doing so. Fixed fees that have already been incurred are due and payable. |
Benefits of a Jacaranda small loan
In addition to our rapid applications1, fast outcomes2 and even faster transfers3, Jacaranda's small loans offer the following advantages:
Make additional repayments at no extra cost
With our small loans you can make extra repayments on top of your minimum, and there are no fees for doing so. Just log in to your online account or speak to our customer service team to manage your repayments.
No charge for early payouts
Say you come into some money and want to pay out your loan entirely ahead of schedule. Some lenders would charge you a fee for doing so, but not Jacaranda.
Jacaranda customers who pay their loan out early do not incur any additional fees or charges for doing so. As our loans are interest-bearing, the total interest paid will likely be lower by repaying your loan ahead of schedule.
Fixed fees that have already been incurred are due and payable.
Flexible repayments your way
Want to change the day of the week you make your regular loan repayments, such as your regular payday? Or do you want to make your repayments more frequently (say weekly instead of monthly) and save a bit of money doing so?
You can easily manage your personal loan repayments online 24/7, 365 days a year, thanks to our secured self-service customer portal. Repayments can be automatically deducted via direct debit, so all you need to do is make sure you have the money in your nominated bank account by the due date.
Award-winning lender with outstanding customer service
Jacaranda has been recognised by several awards and our customer service team are friendly, respectful and approachable. As a trusted lender for almost 10 years, we pride ourselves on offering some of the best customer service in Australia.
48-hour cooling-off period available
Changed your mind after receiving your funds? We offer a 48-hour cooling-off period for all loan products4. Simply call our customer service team to cancel your loan.
In addition to our rapid applications1, fast outcomes2 and even faster transfers3, Jacaranda's small loans offer the following advantages:
Still not sure if a small loan is right for you?
Try out our helpful loan repayment calculator to estimate your repayments!
Sometimes we offer customers incentives encouraging an honest review of our services, be it negative or positive based on their unique experience. It is possible that some reviews were written by customers who received a reward regardless of their review being positive or negative. Last updated: 30/11/23
Google Rating
2,660+ Reviews
Word of Mouth
880+ Reviews
Product Review
1,810+ Reviews
Trustpilot
900+ Reviews
Estimate your repayments in
3 Easy steps
3 Easy steps
Step 3: My pay cycle is:
Please consider: The example repayment is a guide based on the highest rate available for a product. Fees, credit criteria and terms and conditions apply. Your loan offer may vary once your details are captured and verified and an assessment is completed.
Estimated per
Max Interest Rate
(Fixed)
(Fixed)
Comparison Rate
Estimated Total
Fees & Charges
Fees & Charges
$1,504.63
Estimated
Total Repaid
Total Repaid
$9,802.63
Comparison Rate Warning
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.
Disclaimer: This is not an offer for credit. Example tables and calculators are not intended to be your sole source of information when making a financial decision. Any calculations made by you using this calculator are intended as a guide only. Consider getting advice from a licensed financial adviser or a free community based financial counsellor if you need it.
See all FAQs
Small Loan FAQs
Want to learn more about our small loans and how they work? Find out all the answers to our most common questions here.
Don't get our small loans confused with payday loans, as the two are very different products! A payday loan typically offers loan amounts up to $2,000, with loan terms starting from 16 days to one year. These loans tend to be more expensive overall.
Jacaranda's small loans, on the other hand, offer loan amounts starting from $2,100 up to $25,000, with minimum loan terms of 9 months. Unlike payday loans, which are often used for day-to-day expenses, our short loans are commonly used to pay for life's large and mid-sized expenses.
See our page on short-term loans for more information.
The basic eligibility criteria you must meet before submitting an application:
- Be at least 19 years of age.
- Be employed on a permanent or casual basis.
- Have a consistent income going into your own bank account for the last 90 days.
- Be in control of your finances and be handling existing financial commitments comfortably.
- Be an Australian citizen or permanent resident with a fixed address.
- Have an active email address, phone number, and online banking account in your name that belongs to you.
- You are currently or recently bankrupt (you must be three years discharged and in control of your finances)
- You are not comfortably repaying your existing financial obligations
We use the information you provide in the online application form as well as information on your bank statements to make sure that you qualify for a loan product during our credit assessment. If you don't qualify, your application will be declined without a credit check being conducted.
Once we have verified that you meet our non-credit report-related criteria, we do perform a credit check as part of our credit assessment, where an inquiry will be left on your credit file.
We will never perform a credit check without your express consent, which you provide to us when you apply for a loan with Jacaranda Finance. We store your acknowledgement and consent for seven years, and it can be supplied on demand.
There are four credit reporting bodies that we may use to conduct a credit check:
- Equifax
- Experian
- illion
- Talefin
Review our Privacy Policy for more information.
The interest rate, fees and charges applied to your loan will depend on your individual circumstances and the information verified during the loan assessment. It will also depend on our assessment criteria and the loan product, loan amount and loan term you qualify for.
Use our loan repayment estimate calculator to get a guide on what your repayments could be. To get an idea of what rates, fees and charges are associated with our loan products, visit our rates and fees page.
Our loan application process has been designed to be as simple and quick as possible, as we know how important it is to receive your funds in a timely manner. How quickly you can apply for a personal loan and receive your funds will depend on your situation.
Applying for a loan with Jacaranda Finance takes most people 5-12 minutes1, but it could take longer depending on a number of factors such as but not limited to how fast you are at typing or if you have all the required information on hand.
After applying, most customers get an outcome on their loan application on the same day during normal business hours once we have received all of the supporting information we require. We do not guarantee same-day outcomes for all customers.2
Once an applicant has been approved and they have signed a contract, we automatically attempt to release the money to the applicant's bank account. Most customers have a New Payments Platform (NPP) bank account and receive the money in their bank account within 60 seconds. For other customers, the money will be available overnight on weekdays and overnight the following business day if approved on a weekend or public holiday.3
Repayments on your loan are automatically set up to be deducted via direct debit from your bank account in line with your pay cycle.
Provided you are meeting your minimum contractual repayments, you can change the date of your direct debit payments, make extra repayments, change your bank account details and more from either the FastMoney app or online portal.
Download the app on the Google or Apple store today.
Read more: Personal Loan Repayments 101.
we're here to help
Need a hand?
Our customer service team are here to help.
If you have any questions, whether you're a new customer or an existing one - our friendly customer service team will be happy to help you. Our customer service team is 100% Australian-based in Brisbane: at Jacaranda, you speak to a real human being every time.
