Rental Bond Loans

  • Easy online application

  • Minimal documentation required

  • Decision within 2 hours

What are bond loans?

Bond loans are sums of money borrowed from a lender in order to pay a rental bond. These cash loans are a quick and hassle-free way of getting access to the money you need for the bond on a new house.

Why use a rental bond loan?

In most states, rental bonds are usually the equivalent of up to four weeks’ rent. There are some slight differences in VIC, QLD, WA and SA, but it can be a significant upfront cost. If you need to secure a rental quickly, a bond loan can be an appealing option.

With a rental bond loan from Red Tree Finance, your application can be submitted from anywhere on any device, as it’s 100% online. There’s no need to queue at the bank or gather together mountains of paperwork. All we need is some current bank statements, employment payslips and two forms of ID. You can get a rental bond loan from Red Tree Finance up to $5,000. You might want to borrow slightly more than your bond amount to help cover some of the other associated costs, like:

How do our rental bond loans work?

We know what the rental market is like. If you manage to find somewhere that approves your application and you need to secure that place fast, a super-fast rental bond loan from Red Tree Finance can help you do that. 

Apply online in 5 minutes 

Apply for a bond loan online via our secure application form. It takes less than five minutes. Just be sure to have your payslips, bank statements and ID ready. That’s all you need. 

Get a decision within two hours 

Once you submit your application, a member of our Australian-based loans team will review it promptly. With no overseas delays or confusing back-and-forth, you’ll receive a decision within two hours. If approved, the funds are transferred directly to your bank account within one business day, and depending on your bank, the money can arrive within the hour.

Repay your way 

We’re responsible lenders, and we’re here to help. So we’ve made repayments even easier for our customers by offering the ability to align repayment schedules with your paydays. Repay your way – weekly, fortnightly or monthly.

Our commitment to responsible lending

At Red Tree Finance, we take our lending responsibilities seriously. We only recommend loans that our assessors are confident can be repaid. So you don’t need to worry that you’ll be committed to repayments you can’t afford.

Read our full Responsible Lending Statement

Am I eligible to apply for a rental bond loan?

You are eligible to apply for a rental bond if you:

Eligibility Criteria
  • Are at least 18 years old

  • Are a permanent resident of Australia or valid visa holder

  • Own an unencumbered vehicle registered in your name

  • Have been employed for at least 3 months

Rental bond loan rates and fees

At Red Tree Finance, we have no hidden fees and charges. All your bond loan payment information is as listed below.

Online cash loan amount

$2,100 - $5,000

Application Fee

$0 (even if your application is not approved)

Standard establishment fee

$400

Other Fees

$20 (included in loan)

Annual Interest

47% (Comparison Rate 66.0347%)*

Loan term

12 Months

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

How to apply for a rental bond loan

You can apply for a bond loan online in just 3 steps. Don’t worry, it’s completely free to apply – even if your application is unsuccessful.

01.

Complete your application online in less than 5 minutes.

02.

A member of our assessment team will personally review your application.

03.

Once reviewed, you’ll receive your outcome within two hours of submitting your application.

The information provided here is of a general nature and is provided without considering your specific objectives, financial situation, or needs. It is intended for informational purposes only and should not be relied upon as financial, investment, or other professional advice.

Before making any financial decisions or taking action based on the information presented, you are strongly encouraged to assess its appropriateness in light of your individual circumstances. Red Tree Finance does not intend to provide personalised financial advice, and you should seek independent financial, legal, tax, and other relevant advice tailored to your unique situation.

How much would you like to borrow?

Loan amount

$3,000
$2,250
$5,000

Repayment frequency

Your monthly repayment

$0
Loan term
12 months
Interest & Fees
$0
Total to pay
$0

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. The above uses a comparison rate of 47% and upfront establishment fees of $420.

Frequently Asked Questions

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If you’re short on savings or need to secure a rental quickly, a bond loan is a great way to cover the upfront cost of a rental bond. At Red Tree Finance, you can apply online and borrow up to $5,000 to help cover your bond and other moving expenses.

You can apply for a private rental bond loan as long as you meet the lending criteria. A Red Tree Finance bond loan can help cover the costs of your bond payment or cover any moving expenses to help make the move more affordable.

In South Australia, the standard rental bond is usually up to four weeks’ rent. The exact amount depends on your weekly rent and the type of agreement. A rental bond loan from Red Tree Finance can help cover this upfront cost so you’re ready to secure your new home.

Securing a bond loan and repaying it successfully can help to improve your credit score. By making your payments on time, you’ll find that your credit history will gradually improve. If you find that it’s hard to manage multiple debts, a debt consolidation loan can help you combine your loans into one simple repayment.

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What our customers say

Hear from customers who have been helped by Red Tree Finance.

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Thank you very much, I can't tell you how much you've helped me out today. I've been stressing all afternoon about having to pay for the repair and using all of our safety net, now we don't need to. I dealt with Kayla and she was wonderful. Thank you!
Damien R, QLD
Red Tree was really good in understanding and service was great and pretty quick as well.
Holly F, Perth
Great company to deal with. Response time was amazing. Would highly recommend. Thank you
Lauren F, Melbourne
Easy application and very responsive to questions and concerns
Bella T, Adelaide
Very helpful and patient staff, helped me with sending them photos of my ID. High recommend
Jane L, Sydney
Excellent Service, A+++++. Money was in my bank account within an hour
Adam S, Wagga

Ready to apply for a loan?

Apply to borrow up to $5,000 fast. Complete the online application in less than 5 minutes.

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