Small Personal Loans For Up To $5,000

Nimble’s Small or Medium Loans are perfect if you need a quick solution to a cash shortfall.

Whether you're after a bit of money when the unexpected happens ® or a bigger amount to help you move house, we've got you covered.

With just a few taps on your mobile device, you can apply online for a personal loan.

What are the different types of Nimble loans?

Nimble offers two types of loans under the National Consumer Credit Protection Act 2009 (Cth), namely a 'small amount credit contract' (this is Nimble's Small Loan) and a 'medium amount credit contract' (this is Nimble's Medium Loan).

Below are some of the differences between Nimble's Small Loans and Medium Loans.

Small Personal Loan

If the principal amount you borrow is between $300 - $2,000 you'll pay:

  • Establishment fee: 20% of the principal amount

  • Monthly loan fee: 4% of the principal a month

Medium Personal Loan

If the principal amount you borrow is between $2,050 - $5,000 you'll pay:

  • Establishment fee: $400

  • Interest Rate : 47.6158% p.a.

  • Comparison Rate*: 65.6597% p.a.

If the principal amount you borrow is between $5,050 - $10,000 you'll pay:

  • Establishment fee: $0

  • Interest Rate : 47.6158% p.a.

  • Comparison Rate*: 47.6158% p.a

If the principal amount you borrow is between $10,500 - $25,000 you'll pay:

  • Establishment fee: $0

  • Interest Rate: 29.99% p.a.

  • Comparison Rate*: 29.99% p.a.

See our full Fee Statement for fee details.

Application is online and super simple

There's no messy paperwork or painful face-to-face meetings. Just a straightforward application with a few taps online.

To get started, we'll need to know the usual things, like your name, address, phone numbers, and employment details. You'll also need to tell us your BSB and bank account number - so we can verify your financial situation and know where to pay you if you're approved.

Once your Nimble loan is approved, it'll be transferred to your bank account within 60 minutes of confirming your loan, if confirmed by 4:30pm AEST during banking days. Otherwise, the payment will be processed on the next business day. Clearance time is subject to your bank.

Depending on your bank, you may be paid within minutes of confirming your loan 7 days a week, including public holidays.

Here’s how you can apply:

  1. Simple application: Just apply online - whether you're on the go, at work, or from the comfort of your home.

  2. Get a decision: Once you've applied, we may contact you to verify the details you've provided in your application, then, you'll get a decision.

  3. If you're approved, get paid within 60 minutes of confirming your loan when you confirm your loan by 4:30pm AEST during banking days. Depending on your bank, you may be paid within minutes of confirming your loan 7 days a week, including public holidays.*

How do I repay my Nimble loan?

It's super simple - you can set up your direct debits online when you confirm your loan. On the day your repayments are due, the money will automatically be collected from the bank account your pay goes into.

To help you stay organised, we'll also send you a reminder the day before repayments are due to come out of your account.

So there's no need for you to do anything except make sure the required funds are available in your bank account.

The information on this website is general in nature and does not take into account your objectives, financial situation or needs. Terms, conditions, fees and charges apply, and are subject to change. Applications are subject to Nimble’s credit approval criteria. Redraw not available.

For our Small Personal Loans of $2,000 or less, an APR (Annual Percentage Rate) doesn't apply. These loans are fee-based only, and so they don't have an APR. The establishment fee is 20% of the amount borrowed and the monthly fee is 4% of the amount borrowed.

For our Medium Personal Loans between $2,050 and $5,000, the Annual Percentage Rate (APR) is 47.6158% (Comparison rate 65.6597% p.a.) and there is a $400 Establishment Fee. For our Medium Loans between $5,050 and $10,000, the Annual Percentage Rate (APR) is 47.6158% (Comparison rate 47.6158%) and there is no Establishment Fee. For our Medium Loans between $10,500 and $25,000, the Annual Percentage Rate (APR) is 29.99% (Comparison rate 29.99%) and there is no Establishment Fee.

*The comparison rate for loans between $2,050 and $5,000 is based on an unsecured loan for an amount of $2,500 over 2 years and a $400 establishment fee, and the comparison rate for loans between $5,050 and $25,000 is based on an unsecured loan for an amount of $10,000 over 3 years and a $0 establishment fee. Nimble may not offer loans for these amounts over these terms. See our full Fee statement for fee details.

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.

*Funds will generally be transferred within 60 minutes of the loan contract being signed between 9:00 am and 4:30 pm AEST on business days. Clearance times are subject to your bank.

Warning about borrowing