Medical Loans

  • Easy 100% online application

  • Get an outcome in 2 hours

  • Same-day funds into your account

What is a medical loan?

Unexpected medical bills can be stressful. But luckily, a medical loan from Red Tree Finance is an easy way to get the cash you need, fast.

A cash loan for medical expenses is a lump sum of money that can be borrowed to cover all types of medical bills, from dentistry and surgeries to cosmetic procedures and more. So whatever your situation, Red Tree is here to help you take care of those last minute expenses in no time.

Why use a loan for medical expenses

Everyone is faced with a hefty medical bill at some point in their life. That’s why our medical loans are a convenient option to get fast cash in your bank account. Plus, they can be used for a wide variety of medical expenses including:

  • Specialist appointments
  • Dental work
  • Laser eye surgery
  • Weight loss surgery
  • Plastic surgery
  • IVF treatment
  • Post-accident surgeries

How our loans for medical bills work

Applying for a personal loan is as easy as pie with Red Tree Finance. Simply fill out our online application form and you will receive a decision from our team in just 2 hours. We only require a few documents to assess your ability to repay the medical loan and it’s completely free to apply.

Apply in under 5 minutes

To make the whole process as easy as possible, we’ve made our application form 100% online and secure. Plus, you can complete it in under 5 minutes! At Red Tree Finance, we believe in giving everyone a fair go. That’s why we use real people, not algorithms, to assess loan applications. Our experienced team of assessors are based right here in Australia, so you can get a decision in just 2 hours.

Avoid gathering hefty paperwork

As responsible lenders in Australia, we do require some paperwork to assess your ability to repay the loan. However, we only ask for the bare minimum. This means there’s no need to stress about gathering hefty amounts of documentation from the bank or your employer.

Flexible repayment schedules

At Red Tree Finance, we offer flexible repayment schedules (weekly, fortnightly, or monthly) so you can easily make your repayments align with your paydays. You get paid, then we get paid. It’s as simple as that!

Commitment to responsible lending

The team at Red Tree Finance are 100% committed to responsible lending, always. We will never approve you for a small medical loan that we don’t believe you can repay. So you can rest assured your repayments will be affordable in your particular circumstances.

Read our full Responsible Lending Statement

Am I eligible to apply for a medical loan?

You are eligible to apply for a medical loan in Australia 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

Medical loan rates and fees

Along with our quick and easy application process, our fees and charges are completely transparent. All your medical loan repayments are listed as below.

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

How to apply for a loan for medical procedures

Simply complete our 100% online application in less than 5 minutes, and you will receive an outcome in 2 business hours. It’s as easy as 1-2-3.


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.

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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A loan for medical expenses from Red Tree Finance can help you cover a wide range of medical procedures, surgeries and specialist appointments. So, whatever your circumstances are you can be assured that your needs will be covered by our medical personal loan.

Yes, it is possible! We carefully assess each online loan application on their own merit. We consider a range of factors to determine whether you qualify for a Red Tree personal loan, so it may be possible to get a loan even with a bad credit history.

It couldn’t be easier to apply for a medical loan with Red Tree Finance. All you need to do is fill out our 100% online application form and you will receive a decision from us within 2 business hours of submission.

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

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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