Short Term Loans

One of the things we found out a long time ago here at Nimble is that every loan is different. In 2018, the average amount we lent was $812 and people used us for a range of things from booking their dream holiday to emergency repairs on their home. Sure, we’ve designed and built smart technology that allows us to quickly and securely analyse your data and decide on your loan suitability, but that doesn’t mean we have forgotten about the people and individuals who use that technology every day. We know each of these people come to us with different needs.

Our customers are the people we have put at the heart of our technology. We know that everyone’s loan purpose is different, everyone has different time frames, and everyone will have different needs for their loan. Short Term Loans are one of those needs.

Borrowing money doesn’t have to be a long, drawn-out process. In a world where things are constantly popping up, the need to borrow money quickly for a short period of time is ever growing. At Nimble, we understand this and we were born from the idea that Short Term Loans shouldn’t be difficult.

What is a Short Term Loan?

Simply put, a Short Term Loan is a small personal loan that is repaid in a relatively short time frame. It’s relatively easy to apply for a Short Term Loan online - especially with companies like Nimble. It’s secure, speedy, and is designed to put yourneeds first. The joy of getting a loan with Nimble is that our loan options are designed to put your needs for personability first.

Applying for a Short Term Loan with Nimble has never been easier. We have removed all traditional barriers that come with lending money and we’ve moved everything into the realm of usability, meaning you can apply for your loan from any device - laptop, tablet or mobile.

Applying for a Short Term Loan

Step one
How short (or long) is your Short Term Loan? How much money do you want to borrow? These are all things you will decide when you start your application process. In these early stages, we allow you to personalise your loan as much as possible.

Step two
Next, you’ll go through our quick application process which involves you giving us the answers to some basic questions. Once we’ve verified your details, most people will get an answer within minutes.

Step three
Your Short Term Loan is paid directly into your bank account via bank transfer. Once approved you’ll have the money in under an hour (if confirmed before 4.30pm AEST during banking days).*

A Short Term Loan with Nimble

When you apply for a Short Term Loan with Nimble, you decide the terms. Depending on the amount you want to borrow, this period ranges from 62 days to 22 months. We’ve outlined the two types of loans we have at Nimble below as a guide to help you better understand our loan structures and features.

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.

When you take out a Short Term Loan with Nimble, we have some general rules that will apply to everyone.

So you know:
You must be over 18 years and employed
You must have an active bank account
Your main source of income must not be Centrelink

The above table should help you decide which loan is most suitable for your loan needs. It’s a good idea to sit down and think about what your loan is for and how long you will really need to borrow money for as this will ultimately help you decide which loan to apply for.

Short Term Loans & You

There are many reasons you may need a Short Term Loan quickly. There are also many reasons you should apply for a loan with Nimble. Here are just a few of the reasons borrowing with us is easy for everyone.

  • Our Short Term Loans work at the speed of light! 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
  • We’ve has been providing loans since 2005 - we’re experts in our field. It’s not just our speed and ease of use that has helped us get there, it’s also our customer care. We are easy to contact and our call centre is based in Australia so we’re always here when you need us most
  • Our Nimble Member Area puts you in control of your Short Term Loan. You can log in to check on your loan status, keep an eye on your payment plan and find out when your payments are due.

*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