Small Loans
Delivered Fast

When life throws you a curveball, 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.

Decorative graphic of a Coin
Borrow $2,100 to $25,000
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Same-Day Approval2
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9-48 month terms

Check If You Qualify

With no impact on your credit score!

Check If You Qualify with no impact on your credit score!

*Subject to lending criteria, T's and C's'

*Subject to lending criteria, T's and C's'

When life throws you a curveball, 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.

Decorative graphic of a Coin
Borrow $2,100 to $25,000
Decorative graphic of a clock
Same-Day Approval2
Decorative graphic of a calendar
9-48 month terms

Unexpected Expenses?
When life throws you a curve ball, a Small Loan could be just what you need

1.

What is a Small Loan?

In Australia, 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.

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 want a Small Loan to pay for flights, car repairs, or a rental bond, a Jacaranda Cash Boost could be what you need.

2.

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:

  • 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 the FastMoney app, 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 early payout fees for doing so, but not Jacaranda.

  • Flexible repayments your way

    Want to change the day of the week you make your regular loan repayments? Or do you want to make your repayments more frequently (say weekly instead of monthly)?

    You can easily manage your personal loan repayments online 24/7, 365 days a year, thanks to our secured self-service customer portal and FastMoney mobile app.

  • Outstanding customer service

    Jacaranda has been recognised by several awards and our friendly team are respectful and approachable. As a trusted, responsible 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.

  • 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 the FastMoney app, 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 early payout fees for doing so, but not Jacaranda.

  • Flexible repayments your way

    Want to change the day of the week you make your regular loan repayments? Or do you want to make your repayments more frequently (say weekly instead of monthly)?

    You can easily manage your personal loan repayments online 24/7, 365 days a year, thanks to our secured self-service customer portal and FastMoney mobile app.

  • Outstanding customer service

    Jacaranda has been recognised by several awards and our friendly team are respectful and approachable. As a trusted, responsible 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.

3.

The quick Small Loan application process

We know how important it is to receive your funds in a timely manner. As a hard-working Australian, you don’t have time to waste on needless paperwork.

That’s why our loan application process has been perfected over time to be as simple and quick as possible.

How to apply for a Small Loan with Jacaranda

Our Small Loans process is super quick and easy. Apply online today in just four simple steps:

  1. Apply in just 5-12 minutes, depending on your circumstances
  2. Check if you qualify without impacting your credit score
  3. Receive a same-day outcome on your loan application
  4. If approved, get your money within 60 seconds
4.

Still not sure if a Small Loan is right for you?

Want a more detailed estimate of what a Jacaranda Small Loan might cost you? Use our loan repayment estimate calculator to get a guide on what your repayments could be.

It only takes a few seconds!

I'd like to borrow: $3,000
Borrow:
$3,000
Over how many months:
Estimated
repayments:
Interest Rate
47.80%
Comparison Rate
66.07%
See Comparison Rate Warning
Comparison Rate Warning: the comparison rate is based on $2,500 over 24 months. 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.
*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.
5.

Small Loan Details

Jacaranda’s Small Loans are designed to be fast, fair, and, above all, affordable, with no hidden fees.  See the table below for a summary of the costs associated with our small Cash Boost Loan.

Interest Rate
Comparison Rate*
Show the What does it mean? modal
Loan Term
Repayment Cycle
Secured or Unsecured
Show the What does it mean? modal
Establishment Fees
Show the What does it mean? modal
Monthly Fees
Show the What does it mean? modal
Risk Fee
Show the What does it mean? modal
Comparison Rate Warning*
  • Cash Boost
    $2,100 - $4,600
    Interest Rate
    47.80%
    Comparison Rate*
    Show the About Comparison Rate* modal
    66.07%
    Loan Term
    9 - 18 months
    Repayment Cycle
    Weekly, fortnightly or monthly
    Secured or Unsecured
    Show the About Security modal
    Secured & Unsecured
    Establishment Fees
    Show the About Establishment Fees modal
    $400 Flat Fee
    Monthly Fees
    Show the About Monthly Fees modal
    $0
    Risk Fee
    Show the About Risk Fee modal
    $0
    Comparison Rate Warning*
    Comparison Rate Warning: the comparison rate is based on $2,500 over 24 months. 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.
This is not an offer for credit. The amount you can borrow as well as the offer you receive may vary once you complete an application and all relevant details are captured and verified. Fees, credit criteria and terms and conditions apply. Example tables and calculators are illustrative only and are not intended to be your sole source of information when making a financial decision. Consider whether to get advice from a licensed financial adviser.
6.

Small Loan Eligibility Criteria

  • Be at least 19 years of age
  • Be employed on a permanent or casual basis, with consistent income for 90 days
  • Be an Australian citizen or permanent resident with a fixed address.
  • Have an active email address, phone number, & online banking details in your name.
  • Be in control of your current finances and handling existing financial commitments comfortably.

Information you will need to provide:

  • Basic personal information (i.e. full name, address, D.O.B, dependant number)
  • Employment status & details
  • Your bank statements*

*This is standard procedure for loan applications across the industry. Data is safely secured with 256-bit SSL encryption. We utilise safe and secure third-party Open Banking service providers to make this quick and easy for you.

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Available now

It’s Faster With the FastMoney App

  • Easily apply for and manage your loan in-app
  • Make extra repayments, check your balance & more
  • Easy access to our customer service team
7.

Trusted by 1,000s

4.9/5
4.8/5
4.7/5
4.9/5
Show the About Reviews modal About Reviews
  • It is easy to apply online, fast, reliable and they will try to help you as much as they can. I can recommend it to - See More
    It is easy to apply online, fast, reliable and they will try to help you as much as they can. I can recommend it to my friends and relatives. Thank you very much. - See Less
  • Super easy and fast system, applying was seamless and money was instant!
    Super easy and fast system, applying was seamless and money was instant! - See Less
  • Fast, reliable service had money in acc same day
    Fast, reliable service had money in acc same day - See Less
  • Jacaranda is always helpful, wonderful customer service every time. Contact is easy and quick.
    Jacaranda is always helpful, wonderful customer service every time. Contact is easy and quick. - See Less
  • Brilliant service and quick action during application process the best there can be when it comes to quick loans.
    Brilliant service and quick action during application process the best there can be when it comes to quick loans. - See Less
  • Jacaranda finance is definitely one of the smoothest and easiest places to apply for a loan. They make the process comfortable and with no hassle. - See More
    Jacaranda finance is definitely one of the smoothest and easiest places to apply for a loan. They make the process comfortable and with no hassle. Would recommend Jacaranda to any one ! - See Less
  • So jacaranda finance.. Were great to deal with I was informed where my application was up to every step of the way. My application started - See More
    So jacaranda finance.. Were great to deal with I was informed where my application was up to every step of the way. My application started on a Saturday and rolled over to the Monday before i received payment... And I wasnt forgotten about or left wondering what was going on. Although I didn't get the amount requested they were able to help me. When others would not.. Defiantly recommenced - See Less
  • Good people to work with. Application was easy and straight forward. Could use different payment options, but still good options. Would use again.
    Good people to work with. Application was easy and straight forward. Could use different payment options, but still good options. Would use again. - See Less
  • Excellent service once again from Jacaranda. Great improvements to the application process, very easy & efficient.
    Excellent service once again from Jacaranda. Great improvements to the application process, very easy & efficient. - See Less
  • Excellent 5 STAR customer service and always available with a quick response. Very happy with advice and the fantastic service provided. Quick, hassle free and - See More
    Excellent 5 STAR customer service and always available with a quick response. Very happy with advice and the fantastic service provided. Quick, hassle free and easy. Thank you. - See Less
  • Jacaranda finance were amazing they took into account all of my circumstances when other lenders wouldnt. They were easy to contact and keep me up - See More
    Jacaranda finance were amazing they took into account all of my circumstances when other lenders wouldnt. They were easy to contact and keep me up to date at all stages of the easy process. - See Less
8.

Small Loan FAQs

Want to learn more about our Small Loans and how they work in Australia? 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.

We accept a wider range of credit history than a bank or a prime lender, but we do not recommend submitting an application if:

  • 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 review all applications, even those who have bad credit.

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.

Want to pay a chunk off in advance? Some other lenders charge a fee for that, but not Jacaranda. No early repayment fees to worry about here

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