Short Term Loans

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.

One of the things we found out a long time ago here at Nimble is that every loan is different. 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 your needs 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 9 months depending on the loan amount. 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.

Compare Nimble Loans

Loan Feature

Small Loan

Personal Loan

Establishment Fee

20% of loan amount

For loans $2,050 to $5,000: $400

For loans $5,050 to $10,000: $0

Loan Amount

$300 - $2,000

$2,050 to $10,000


20% of loan amount + 4% of loan amount each month

For loans $2,050 to $5,000:

Establishment fee of $400 + 47.6158% p.a. Comparison rate: 65.6597% p.a.**

For loans $5,050 to $10,000: Comparison rate: 47.6158% p.a.

Loan Terms

62 days to 9 months depending on the loan amount

62 days to 23 months


Both Small and Personal Loans are offered with fast approval and funds transfer*.

Please 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.

Frequently asked questions

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There are plenty of lenders out there, so why choose us? We think there are some great reasons:

We Make It About You

From putting the whole process online, to letting you adjust your loan term, you're in control of the process. Get your fast loan and keep track of everything online with minimal hassle. All you have to worry about is what to do with the money.

We're Responsible

We won't ever loan you more than you can afford to pay. We are a responsible short term lender and we use smart tech and proven mathematics to help us decide how much it's safe to loan you. We know people often get cash loans because they're having a difficult time, and our job is to make things easier, not harder.

We're Open

With Nimble, everything about us is up-front and clear. The process is transparent from beginning to end. There's no sneaky fine print and you'll never get smacked with a fee we never told you about. Plus, you can log in at any time to see the status of your loan and payments.

Our Short Term Money Loans are Quick

If you need money fast, visit Nimble today and get the process started. We're committed to getting your money to you as quickly as possible; in most cases within an hour. We make borrowing money easy for everyone.

Maybe you've never thought about it much before. Maybe you've never had more than one emergency arrive at a time, or you've always borrowed from friends or family in the past. But there are some great reasons people choose short term loans in Australia with Nimble.

Get Rid of Those Bills

Sometimes bills and fees pop up without warning. Your gym said you were paying $20 a month, but they didn't draw your attention to the $300 yearly membership fee in the small print. Now that $300 is suddenly gone from your account. These things happen and at Nimble we make it easy for you to get those bills out of the way and get back on track until payday.

Don't Wait for Emergency Repairs

One of the most common reasons people get short loans in Australia is to cover emergency repairs. When the car needs $500 worth of maintenance or that leaky pipe in the kitchen can't wait any longer to fix, a short loan can get you back on the road fast.

Grab a Once-in-a-Lifetime Chance

Sometimes opportunity only knocks once. You don't want to miss out just because you didn't have enough cash on hand. If all the girls are going to Bangkok for the hen party, a short loan could make it possible for you to take part. If Mum and Dad want to tour Iceland for a milestone anniversary, you don't have to be left behind.

Here's how Nimble loans work in 3 easy steps:

  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 (keep your phone close by) - you'll hear back with a decision in no time.

  3. Get your money: If you're approved and confirm your loan by 4:30pm AEST during banking days, get your cash within 60 minutes. Otherwise, it may take a little longer, and will also depend on your bank clearance times.

At Nimble, we offer two kinds of loans in this category: Small loans and Personal loans. Small loans are for $300 to $2,000, while Personal loans can get you from $2,050 up to $5,000 fast. Both loans come with fast approval. In fact, we aim to get you your money to you within an hour when your application is confirmed by 4:30pm on a working bank day.**


Short term cash loans in Australia are available to any Australian citizen who is over 18, has an active bank account, and doesn't get more than 50% of their income from Centrelink. And applying is simple. Don't worry about finding and gathering a ton of paperwork. You'll just get online with us and sign into your bank account. We'll take a look at your income and expenses and once approved, we look at your income and expenses and following that we figure out how much you can be approved for. Once that's done, all you need to do is breathe a sigh of relief and wait while we take care of the details. Once approved, you log back in and confirm your loan and it’s really just that simple.

Paying It Back

When you are approved for a same day short term loan with us, you can personalise your payday loan experience. Choose loan terms anywhere from 62 days to 9 months for Small loans (depending on the your loan amount) and 62 days to 23 months for Personal loans. Set up direct debits when you get your loan online, choosing the day of the month when you want us to debit your account. There's no need to remember to send a payment.

Unlike some other short term loans in Australia, with Nimble we don't punish you for paying your loan off early. In fact, we think that's a real reason to celebrate! If you can pay off a Small loan early, you can avoid the monthly fee for any future months, and if you can pay off your Personal loan early, interest stops accruing. So go for it!

When you need a small amount of cash, and you need it right away, the best short term loans can get you just what you need. While there is a fee and a few limitations, you can get the money just as quickly and never have to worry about harming an important relationship.

We offer short-term loans all across Australia, including:

These are loans you can get quickly, for relatively small amounts and without all the hassle of applying for a formal bank loan. As one of the best short term loan companies out there, we even let you complete short term loan applications online. There's no need to make an appointment at the bank, go to a physical location only to discover you're missing a key piece of paper, or wait for days to get approved.

Short term lenders are all about speed and convenience: yours. After all, these days you can attend university, meet the love of your life, work remotely, and even pay your electric bill all online. You should be able to get a loan online, too.

Like most lenders, we carry out a credit check as part of our assessment of your application.

But don't worry if you have a default on your file - we may still be able to help you depending on the circumstances. Nimble may approve loans for some applicants with black marks on their credit history depending on the reason and timing of the mark. Credit history is only part of our application assessment - we also consider other information as a responsible lender.

However, there are still cases when applications are declined. If you are bankrupt, in a Part IX debt agreement or Part X personal insolvency agreement, have defaulted on short-term loans, or have an extremely bad credit history, your application will be declined.

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

**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 $10,000 is based on an unsecured loan for an amount of $10,000 over 3 years and a $0 establishment fee.

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.

#Nimble AnyTime is a Continuing Credit Contract. As long as you pay on time each month, you'll have access to your available balance continuously, without the need to reapply. Usage of the Nimble Anytime Virtual Mastercard is subject to the Nimble AnyTime terms and conditions. Clearance times on cash advances are subject to your bank and the time of your request.

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Nimble members who have previously borrowed and repaid one or more loans in full may be eligible to apply for up to $10,000 in their Member Area.

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