Small Loans from $300 to $2,000! Let Jacaranda Finance help you get one today
Small Loans: What’s the go?
Found yourself in need of a small loan? Let’s face it, sometimes unexpected expenses can creep up on you at the worst of times. Yet whether it’s your car rego or insurance payments springing out of the woodwork – Jacaranda could help! We offer small loans to navigate the various twists and turns of life.
At Jacaranda Finance we like to keep things simple. Our fast, seamless application process means you could have an outcome in less than 60 minutes (if you apply within business hours). Plus, if your bank has NPP-enabled payments, we could get the cash to your account in 60 seconds! Sound too good to be true? Keep reading to find out more!
What are small loans?
In short, a small loan (also called a short-term loan or cash loan) is a form of personal finance that can be used to cover a range of smaller expenses. Small personal loans tend to range from $300 to $5,000 with terms from 16 days through to 6 months. Many people are surprised that borrowing $300 is an option, yet sometimes we just need a little financial boost to get by.
We’ve all been in that situation before where cash flow is low and an expense crops up out of the blue. Sometimes, big bills come in that are higher than expected. Or perhaps it’s that time of year when you have to pay your car rego. Whatever situation it is, you’ll often find that it’s something that needs to be paid for ASAP! Small loans can offer a quick and easy solution.
To summarise, here’s a quick rundown of everything you need to know about small loans:
- A small loan is a personal loan from $300 to $5,000
- Small loans can be provided to those with good or bad credit
- With smaller online loans, the process can be done 100% online
- mall cash loans can be provided to people who are employed or those who receive Centrelink benefits
- Small money loans can be used for personal expenses or emergencies, including paying bills or buying big-ticket items
Jacaranda’s small personal loans
It can be incredibly stressful to have to pay for emergency expenses. However, that’s where we come in! Jacaranda offers small loans that can cover unexpected costs so that you can go back to focusing on the more important things in life.
Our small loans are unsecured and range from $300 up to $2,000 with a repayment period of up to 12-months. Basically, you can apply for a small loan with Jacaranda to cover any personal expenses you need help with, in the lead up to payday.
If you need to borrow more, we also offer medium and large loans:
|Loan type||Loan amount||Loan term|
|Unsecured||$300 to $2,000||3 to 6 months|
|Secured||$2,000 to $4,600||13 to 24 months|
|Secured||$5,000 to $10,000||13 to 24 months|
To find out more about how much our loan costs, head to our homepage to use our repayment calculator.
How can I get a small loan?
As we responsible lenders, we can’t just lend to anyone. There a few minimum requirements you’ll need to meet in order to qualify for one of our personal loans. To be eligible for a small loan with Jacaranda you need to be:
- At least 18 years of age
- An Australian citizen or permanent resident
- Receiving a regular income (at least 90 days prior)
If you fulfil all of those requirements, then you can apply for small loans fast through our online application form. Simple as that!
What Can Small Loans Be Used For
There are several reasons why people borrow small amounts of money. Sometimes it’s to pay for an emergency expense and other times little loans can simply help to enhance your quality of life! Here is a list of some of the ways a loan could help you:
Take the Pressure Off
If you’re on a tight budget, unexpected expenses can pop up and throw your entire budget into disarray. Maybe you forgot your internet bill was due or perhaps your laptop died suddenly. You may not be ready, but we have you covered! Jacaranda Finance can supply you with small money loans in your time of need, so you don’t need to wait until your next payday or dip into your savings unnecessarily.
Cover Your Car Registration
Car registration can be expensive. Depending on what car you drive, car rego can cost up to $1,000. Not everyone has the money to cover this cost before it’s due. Consequently, little loans like Jacaranda’s loans offer the perfect financial boost.
Plan a Holiday
Need a break from reality? We all need an escape from our daily lives from time to time. Unfortunately, flights and accommodation can often be very expensive and unaffordable. Little cash loans like Jacaranda’s small loans could be the thing you need to help pay for your getaway.
Pay Your Rental Bond
Moving can be expensive. In addition, you have to think about the costs of transporting your furniture as well. A small personal loan with Jacaranda can be used to cover your rental bond, furniture, and any other moving costs!
Finance Small Renovations
Sometimes it’s worth giving a room a facelift! Not only can you enjoy the place more, but you can increase the future resale value of your home. Yet, as we all know, renovating is expensive and often stressful. Don’t let your finances get you down, Jacaranda’s little cash loans can get you the funding you need to today.
Do you do small business loans?
We don’t offer small business loans. However, if you’re self-employed, we may be able to help you cover certain company expenses. For instance, if you need to pay for new machinery or office supplies, our small cash loans can cover these costs. Here are other examples of what our small business loans can be used for:
- Office furniture;
- Paying employees;
- Buying computer software;
- Paying for inventory;
- Covering start-up costs.
Searching for small loans no credit check?
Are you searching for little loans bad credit? If so you’re in luck. At Jacaranda we do accept loan applications for clients with poor credit histories. This is because we believe your credit history is history. Nobody is perfect and unfortunate things can happen that we have no control over. So, we look at more than just your credit rating when determining whether or not we can offer you a loan.
As responsible lenders, we do conduct credit checks to verify your relationship with money and to check if you can comfortably afford the repayments. We cannot guarantee approval for all small loans application, however, we do always assure our application are given a fair assessment; bad credit and all.
Can you provide low interest repayments on small loans?
If you’re concerned about the cost of your loan, you may be looking for low rate personal loans. While you might think it’ll save you long-term, ultimately interest rates aren’t the only thing you should be looking at. At Jacaranda we do not claim to provide small low interest loans or low interest personal loans. Instead, we focus on transparency. Jacaranda is able to offer our customers competitive interest rates and will always be upfront with all fees or charges. So, while we can’t provide ‘small loans low interest’ we can offer you affordable small loans online.
Can I apply if I’m on Centrelink?
Yes, we do small loans for Centrelink customers! If you’ve been rejected for a loan in the past because you receive Centrelink benefits, then Jacaranda Finance could be the lender for you. We understand that regardless of how you receive your income, everyone needs a helping hand from time to time. So, we assess everyone on a case by case basis.
We can provide little loans for unemployed or pensioner borrowers, so long as their benefits can repay the loan. Ultimately, we can’t guarantee approval. Yet, if you’re currently receiving Centrelink benefits, you may still be eligible for one of our small cash loans.
How do repayments work for Jacaranda loans?
With Jacaranda, our repayments work by setting up a direct debit, so that your payments come out of your account automatically. They can be set to come from your account on a weekly, fortnightly or monthly basis. Though, we suggest matching your repayment interval with your pay cycle, as we find this to be the easiest way.
How do I apply for a small loan?
Applying for small loans online is easy and fast with Jacaranda Finance! Basically, we’ve broken it down into four simple stages:
1. Apply Online
The first step you’ll need to complete, is our online form. Simply scroll up to the top of this page to find our loan calculator, select an amount and a repayment period. Once you hit ‘Apply Now’ you’ll be directed to our full application form. We recommend having the following information handy with you to speed up your application:
- 100 points of ID
- Your internet banking details so we can verify your income
- Centrelink income statements if you receive Centrelink payments
- Your mobile number and email address
When you’re done, click ‘Submit’ and our team will start assessing your application.
2. We Assess Your Application
Now, it’s time for the team at Jacaranda to do the hard work for you. We’ll carefully review your application and do our best to match you with an appropriate loan product. If you’re unsuccessful, we won’t waste your time – our team will let you know straight away. If you are successful then we’ll send through a loan contract in no time!
3. Review Your Agreement
The next step is to review and sign your contract sent by the Jacaranda Team. We thoroughly encourage all our applicants to carefully read their contract. Since we won’t hit you with hidden fees or charges, all costs will be outlined in your agreement. No smoke and mirrors. So, if you’ve got any questions don’t hesitate to ask!
When you’re happy with your agreement, just sign and send it back to us.
4. Get Your Cash!
As soon as we’ve received your signed agreement we’ll schedule the release of your money. Should we receive your agreement on a business day during trading hours, we’ll process your request straight away. If your bank allows NPP-enabled payments then you could have the money in as little as 60 seconds! Otherwise, timing will depend on your bank’s transfer times.
Check if your bank offers NPP-enabled banking by looking them up here.
If Your Loan Application Isn’t Accepted
If your loan application is rejected there are several reasons why we may have been unable to offer you finance. Here are some of the reasons your small loan application may not have been accepted:
- Didn’t meet the eligibility requirements
- Insufficient income
- You’re going to use your small loan to pay for another loan
- You don’t have a stable job with a regular income
How can I avoid a loan rejection?
To help the cause of your loan application, here are some tips to keep in mind before you apply:
- Check the reason for your loan
- Ensure your personal details are correct in the application
- Check that you meet the eligibility requirements
Ready to apply? Start your free application today!
So, there you have it – all you need to know about Jacaranda’s small loans. Whether you need a hand with unexpected bills or a new project, find out how we could help you today! Simply scroll up now to start your free application with us.
Credit history holding you back? Find out how you could get a poor credit loan with Jacaranda Finance.