What is a small personal loan?
A small personal loan allows you to borrow money for a wide variety of personal reasons, from holidays and car repairs to home renovations and new appliances. These instant loans are an easy and hassle-free way to get money fast, without a bank visit.
Why choose a small personal loan?
Sometimes you just need money, fast. Whether that’s for a getaway, an unexpected bill, or home repairs, our personal loans are an easy way to access extra cash. Popular uses for personal loans include:
- Car repairs
- Holidays
- Medical expenses
- Home repairs
- New electronics
- Rental bonds
- Dental work
When you get a small personal loan from Red Tree Finance, you can submit your application securely from any device! Our 100% online application is secure, so you can rest assured that your personal information will be safe. Plus, you can get the cash you need on the same business day.
How our small personal loans work
Applying for a loan through the bank can be time-consuming and stressful. But it doesn’t have to be. Our process is easy, fast, and locally assessed.
Applications approved by local loan accessors
All applications are reviewed right here in Australia for a fairer outcome for you within 2 hours.
Minimal paperwork
We only require a few details to get your personal loan application started, and applications can take less than 5 minutes to complete! Because we use Australian-based assessors, you can get the funds you need faster.
Flexible repayment options
To take the pressure off, you can choose weekly, fortnightly, or monthly repayments to match your payday. It’s as easy as that!
Commitment to responsible lending
At Red Tree Finance, we take our lending responsibility seriously. Our experienced team will only recommend a loan we’re confident you can repay, so your repayments stay affordable.
Read our full Responsible Lending Statement
For more info on our approach, visit our About Us page.
Am I eligible to apply for a small personal loan?
You can apply for a small personal loan in Australia if you:
You can check our full eligibility criteria
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Are at least 18 years old
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Are you a permanent resident of Australia or valid visa holder
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Own a vehicle registered in your name
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Have been employed for at least 3 months
Loan amounts, rates & fees
We don’t believe in hidden fees and charges. Here’s what you can expect:
Online cash loan amount |
$2,350 – $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 65.9%)* |
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 |
No hidden costs. Find a full breakdown
Get a quick online loan today
Whether it’s for an unexpected bill, a last-minute holiday, or to consolidate existing debt, give yourself a break and apply now with a top-rated private Australian lender.
How to get a small personal loan online
Our simple, 3-step personal loan process starts with your online application.
- Complete your application online in less than 5 minutes.
- A member of our team personally reviews your application.
- Get an outcome within two hours of submitting your application. If approved, your funds could arrive in your account the same day.
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.
Frequently Asked Questions
See All See AllThe smallest personal loan available at Red Tree Finance is $2,350. This amount is suitable for unexpected bills, repairs, or short-term needs.
The easiest personal loan to get is one with a fast online application, minimal paperwork, and a quick assessment. Red Tree Finance specialises in easy online applications reviewed by local Australian staff, with results typically in two hours.
Just apply online with Red Tree Finance, making sure you meet the eligibility criteria and provide the necessary documents. Once approved, up to $5,000 could be deposited into your account the same business day.
