- Determine if you’re eligible
- Decide how much you need to borrow
- Get all your documentation ready
- Submit your online application
- Wait for a decision
- Get your money
How to apply for an online loan
Applying for a cash loan at Red Tree Finance is easy and stress-free. It’s also 100% online, so you can apply on your phone, tablet or computer at home, work, or even on the go.
Step 1:Determine if you’re eligible
Before you apply for a loan, you need to ensure you meet all of the following requirements. You must be:
At least 18 years old
A permanent resident of Australia or valid visa holder
Owner of a vehicle registered in your name
Currently employed, for at least 3 months
Step 2: Decide how much you need to borrow
Minimum & maximum loan terms
Minimum Loan Term: 12 months
Maximum Loan Term: 24 months
Although our fast cash loans are designed to be paid back over 12 months, there is absolutely no penalty should you choose to pay it back early.
Rates & fees
We believe in being transparent with our rates and fees so you know how much you’ll need to pay back before you even apply. See the breakdown below:
Online cash loan amount
$2,100 - $5,000
$0 (even if your application is not approved)
Standard establishment fee
$16 (included in loan)
47% (Comparison Rate 66.0347%)*
Flexible repayment options
Weekly, fortnightly or monthly (based on your payday)
Direct debit dishonour fee
$35.00 debit dishonour fee may be issued if a scheduled payment is missed or returned unpaid
Keep in mind that you may incur additional fees and charges if you miss a payment, and this may affect the length of your loan and therefore change the overall cost of the loan. If you think you can no longer make your repayments, make contact with our Australia-based Customer Care team as soon as possible so we can come up with a solution.
Step 3: Get all your documentation ready
To apply for a secured loan, you’ll need to provide some documentation. We try to keep this to a minimum and only ask for the details we absolutely need to ensure you can repay the loan. Make sure you have ready:
- Last 90 days of banking transactions (these can be provided through our secure online portal)
- Pay slips
- Two forms of ID
- Car registration details
Step 4: Submit your online application
Once you’ve got everything ready, you can easily submit your application online! Use our simple online form to get started. It’s free to apply, even if your application isn’t successful.
Step 5: Wait for a decision
After you’ve submitted your application, a member of our assessment team will personally review your application. We care about making sure the loan suits your needs, so we’ll only approve your application if we believe you have the ability to repay the loan back in full. Once a decision has been made, our team will get in contact with you. If your application has been approved, a signed loan document will be sent to your registered email account.
Loan approval usually takes about 2 hours to complete during business hours. While we do approve loans on weekends, the approval process can take slightly longer.
Step 6: Get your money
Once your loan is approved, you can expect to see the money land in your account usually within an hour but at the latest within one business day. Depending on the repayment option you chose, your loan repayments could start the following week, fortnight or month. We will not debit an account within 2 business days of the loan being approved and funded.
Commitment to responsible lending
At Red Tree Finance we take our lending responsibilities seriously and are committed to lending responsibly.
We have no interest in providing a loan that cannot be repaid. Our Australia-based assessment team takes careful note of each customer’s individual circumstances before recommending a loan amount to ensure we don’t lend customers more than they can afford to repay.
What our customers say
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