Looking for a quick cash loan in Melbourne? From the Southbank and St Kilda to Yarra Valley, the Grampians and beyond, Red Tree Finance provides online loans to Victorians in the city, suburbs or rural areas of the State.

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get a cash loan in Melbourne

Quick cash loans in Melbourne

When you need a cash loan quickly, you want to get an answer right away. With a Red Tree Finance instant cash loan, you’ll get an answer within 2 hours. You can apply online from your sofa or while you’re out and about, and there’s no lengthy forms to fill in. Red Tree Finance provides you with a much easier option to get cash faster than going to the bank.


Fast personal loans in Melbourne

Living in Melbourne comes with its perks. Consistently ranked one of the most liveable cities in the world, Melbournians enjoy a high standard of living, with a vibrant arts and culture scene and excellent public transport system.

However, living in Melbourne also has some downsides, most notably the cost of living. Housing is increasingly expensive in Melbourne and did you know that the cost of groceries is 24.2% higher than in London, famously one of the most expensive cities in the world!

A cold pint of beer in Melbourne will set you back more than $13 and even a bottle of water is the best part of a fiver. It’s no surprise then that eating out in Melbourne will cost 8.5% more than in Sydney. Plus, that mobile phone monthly plan you just purchased is one of the most expensive in Australia. (source)

Sometimes it feels like you need to take out a small personal loan just to make ends meet. If you’re thinking that, you’re not alone.

Consider your situation before you apply for a short term loan

Before you apply for a cash loan in Melbourne, consider these important points to make sure it’s the best decision for you.

  • Assess your financial situation: Consider your current financial situation to determine whether you need a loan. Do you have a regular income that you can use to repay the loan? Could you sell some things you don’t need to save up the money? Consider if there are alternatives available to you, such as seeking financial assistance or negotiating with creditors.
  • Understand the costs of borrowing: Loans include interest rates and fees, so before you apply make sure you understand what the total cost of the loan will be. Compare costs to ensure that a fast loan is the right financial product for you.
  • Know your rights and responsibilities: Review the terms and conditions of the loan contract so you fully understand all aspects of the agreement. Make sure you are clear on the payment terms, interest rate and fees before signing the loan contract.
  • Borrow responsibly: By researching and choosing a responsible lender, you can be confident that the lender will base their loan decision on your particular circumstances. This means you won’t end up borrowing more than you can afford.
  • Create a budget: A budget can help you to stay on track with bills and loan repayments, as well as helping you to save a little at a time to build up an emergency fund for unexpected expenses.
  • Seek financial advice: If you find you need to borrow money often, consider seeking financial counselling from a non-profit credit counselling service. This can help you develop a plan to improve your financial situation. One free service is the National Debt Hotline on 1800 007 007.

How to apply for an instant cash loan in Melbourne

Our online loan application is quick and easy. Once complete, our customer service team will review your application and have an answer within 2 business hours, so you could have your loan the same day. To apply online, we’ll need some information about your employment and vehicle ownership.


Complete your application online in less than 5 minutes.


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


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

Loan eligibility criteria

Victorians are eligible to apply for a secured cash loan with Red Tree Finance if you:

Eligibility Criteria
  • Are at least 18 years old

  • Are you 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

Fast cash loans with repayments each payday

Our cash loans have flexible repayment options that allow you to choose a weekly, fortnightly or monthly repayment — so you can make repayments in line with your payday. As a responsible lender, we are transparent about our fees and charges so you know exactly what the costs will be.

Online cash loan amount

$2,100 - $5,000

Application Fee

$0 (even if your application is not approved)

Standard establishment fee


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

What can I use a small loan for?

Our personal loans in Melbourne can be used for whatever you need, from moving house to dental treatment or even your wedding. If you only borrow what you really need, you can keep your repayments to a minimum.

Ready to apply?

You can apply online for free and receive a decision within 2 business hours.

Need a cash loan in another state or city?

Our online loans are available throughout Australia:

  • Melbourne
  • Adelaide
  • Hobart
  • Cairns
  • Darwin
  • Perth
  • Townsville
  • Brisbane
  • Canberra
  • Newcastle

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


Repayment frequency

Your monthly repayment

Loan term
12 months
Interest & Fees
Total to pay

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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To work out your monthly repayments, we offer a loan repayment calculator to make things easier for you. If you have any questions about our repayments, please do not hesitate to contact us.

Yes, we do offer personal loans with no prior credit history and the interest rate will not change with this. Like most lenders, we carry out a credit check as part of our assessment of your application. At Red Tree, we assess each applicant on their own merit. We consider a range of factors to determine whether you qualify for a Red Tree secured loan, so it may be possible to get a loan even with no credit history.

It’s super easy when it comes to getting a loan with Red Tree Finance. All you need to do is fill out your online loan application, which only takes a few minutes. Once our team has reviewed your application you will receive a decision within two hours.

What our customers say

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

See All
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

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

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