Online Loans

In March 2019, the internet turned 30 years old. For most of us, the internet is an everyday tool that has played a huge part in our day to day lives. When we started our journey in 2005, we didn’t know that soon enough we’d be ordering food that would be delivered within minutes to our doorstep. We didn’t know that calling a cab would be a thing of the past, and that the idea of going a day without your smartphone would be ridiculous.

But, we knew that Online Loans needed to be the norm. The accessibility and security offered by our loans were going to be bigger and better than ever. We were right. So we built an accessible and secure Online Loan like no other.

We’ve been successful because we knew very early that Online Loans would come to be an expectation. Our customers expect their journey to be easy, fast and secure. We delivered to this expectation, and then some. We delivered on customer service, personalisation, and flexibility.

Since we started our Nimble platform way back in 2005, we’ve approved over 1.5 million Online Loans for Australians and we’ve gone from strength to strength since. In 2018, the average amount we lent for a small loan was $710 and the average amount we lent for a medium loan was $3,112.

What is an Online Loan?

Way back in the days before Online Loans, when you needed money you went into a bank and visited some suits in an office to discuss your financial requirements. It was a long process and, between making an appointment, parking and having a long sit down with someone you didn’t know, it wasn’t exactly desirable. Those days are long gone. The option of an Online Loan streamlines everything.

With Nimble, it’s particularly easy and flexible. Our Online Loan process is easy, fast and super secure.

What is the Nimble Online Loan Offering?

Before you apply for an Online Loan, it’s important to consider what your needs are so that you can select the right type of loan. Comparing Nimble Online Loans will help you do this. Below are the types of loans we offer and the features associated with each type.

Online Loan Comparison

Loan Feature Small Loan Medium Loan
Establishment Fee 20% of loan amount $400 fee
Loan Amount $300 - $2,000 $2,050 - $5,000
Costs 20% of loan amount + 4% of loan amount each month** Application fee of $400 + 47.6158% p.a. Comparison rate^: 65.6597% p.a.
Loan terms Loan terms 62 days to 4 months 62 days to 22 months
Timing Both Nimble Small and Nimble Medium Loans are offered with fast approval and funds transfer. You could receive your money within 60 minutes if your loan is confirmed before 4:30 pm on a banking day*.
^This comparison rate outlined on this page is based on our Medium Loan for an amount of $2,500 over 2 years and a $400 establishment fee.
WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Nimble does not offer loans for $2,500 over a term of 2 years.

**See our full Fee Statement for fee details. If you reschedule your repayments after you confirm your loan, additional fees and charges may apply.

Whilst the above is useful in helping you understand our various online loan features, it’s also important to consider things like the purpose of your loan. With that in mind, here’s some information on each of our online loans.

Small online loans - what’s the Nimble deal?
A small online loan can help you out with the little things you just didn’t see coming. As in the above table, we’re always transparent about our costs and how we work. The Small Loan amounts range from $300 to $2,000 and the maximum loan term is 62 days to four months.

  • The main joy of both the small & medium online loan is the speed! Our small online loans, like our medium online loans, are fast! We offer fast approval and funds transfer.* You could receive your small loan within 60 minutes if your loan is confirmed before 4:30 pm on a banking day.
  • Providing online loans does not mean we compromise on our customer care. With the small online loan and medium online loan, you can reach out at any time. We are easy to contact and our call centre is based in Australia so we’re always here if you need help with your Nimble Loan.
  • Another great benefit of both online loan options with Nimble is the online Member area. You can log in here to check on your loan status, find out when your payments are due and keep an eye on your payment plan.

Medium online loans - the lowdown!
A medium online loan can help you out when larger unexpected costs come along and you just didn’t see them coming. As you would imagine, this type of online loan is a little bit different from the small online loan.

  • It won’t come as a surprise to learn that this online loan gives you access to a larger loan amount. The Nimble Medium Loan allows you to apply for between $2,050 and $5,000.
  • Borrowing larger amounts means you’ll have a longer repayment term. Like the small loan, you can select repayments to meet your budget and needs. We have terms available for up to 22 months. Minimum and maximum terms vary depending on your individual circumstances.
  • You’ll still have access to your online Member Area where you can log in to manage your loan and keep up to date with your repayment plan.

How can I get an Online Loan

Getting a Nimble Online Loan has never been easier. Our website is built to be as hassle-free as possible and you can apply from any device - laptop, tablet or mobile.

The first step will be to find out how much money you’d like and for you how long - we empower you to personalise your loan as much as possible. Following this, you’ll be brought through our quick application process which involves you giving us the answer to some basic questions. Once we’ve verified your details, most people will get an answer within minutes.

Your Online Loan is paid directly into your bank account via bank transfer or alternatively can be paid onto a Nimble Visa Prepaid Card. Once approved you’ll have the money in under an hour* (if confirmed before 4.30pm AEST during banking days).

*Commbank customers are transferred funds within minutes of confirming their loan, 24/7. Customers of other banks or financial institutions, generally have funds transferred within 60 minutes of signing their loan contract between 9:00 am and 4:30 pm AEST on business days. Clearance times are subject to your bank.

What are you waiting for?


Can I get a Nimble cash loan if I am on Centrelink?

Being on Centrelink does not automatically rule you out of eligibility when it comes to applying for a short term cash loan. To be eligible for a Nimble loan, you do need to be working though. If you're dependent on Centrelink benefits, we will review your application to see if a Nimble loan is right for you.

Can I get a Nimble cash loan if I have a bad credit history?

Depending on your circumstances or even if you have bad credit or a default on your file, you may still be eligible for a Nimble loan.

We take many factors into consideration when we assess your loan application, including your current situation, whether you are steadily employed and what other money you owe.

We understand your past may not be who you are today so if you have a black mark on your credit history, we may still be able to help.

Are there any hidden costs?

Our costs are crystal clear. Everything you need to know about Nimble cash loans is in plain English and big print. You know upfront exactly what the costs are and there are no sneaky, hidden fees to worry about.

Transparency is one of our core values, and we want you to be 100% confident that you've made the right choice when you apply for a fast cash loan from Nimble.

Feel free to reach out if you have any questions and call us on 133 156, or connect via email -

Lending criteria, fees, terms and conditions apply. Commbank and existing Nimble Visa Prepaid Card customers are transferred funds within minutes of confirming their loan, 24/7. Customers of other banks or financial institutions, generally have funds transferred within 60 minutes of signing their loan contract between 9:00am and 4:30pm AEST on business days. Clearance times are subject to your bank. close

Approved borrowers may be eligible for a loan from $300 and up to $5,000. Lending criteria, suitability checks, terms and fees apply. close