Instant Cash Loans

Apply for your cash loan today and get an instant outcome through Savvy.

Written by 
Savvy Editorial Team
Savvy's content writing team are professionals with a wide and diverse range of industry experience and topic knowledge. We write across a broad spectrum of finance-related topics to provide our readers with informative resources to help them learn more about a certain area or enable them to decide on which product is best for their needs with careful comparison. Meet the team behind the operation here. Visit our authors page to meet Savvy's expert writing team, committed to delivering informative and engaging content to help you make informed financial decisions.
Our authors
, updated on September 12th, 2023       

Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.

$2100
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$500
$50,000


Paid in 60 mins if approved*
Written by 
Savvy Editorial Team
Savvy's content writing team are professionals with a wide and diverse range of industry experience and topic knowledge. We write across a broad spectrum of finance-related topics to provide our readers with informative resources to help them learn more about a certain area or enable them to decide on which product is best for their needs with careful comparison. Meet the team behind the operation here. Visit our authors page to meet Savvy's expert writing team, committed to delivering informative and engaging content to help you make informed financial decisions.
Our authors
, updated on September 12th, 2023       

Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.

When you need funds now, Savvy has you covered with an instant cash loan from one of our reputable lending partners. With 60-second approvals for amounts up to $5,000, you can receive your funds on the same day you apply, if not in 60 minutes.

Choose to pay your loan over whatever term you wish, anywhere from a few weeks up to one to two years, to shape your repayments to fit your income requirements.

Starting your fast financing process is easy: simply complete our quick application form now to get the ball rolling.

Instant cash loan features & eligibility

Receive your money fast

With fast applications and instant outcomes, you can have your application turned around in as little as one hour.

Borrow up to $5,000

Choose the amount you need, from as little as $2,050 all the way up to $5,000, to make them suitable for a diverse range of needs.

100% online applications

You won’t have to leave the comfort of your home, or speak to anyone over the phone, to apply for fast financing today.

Freedom to use your funds how you wish

There aren’t really any restrictions on what you can use your instant cash loan for, so you can buy or pay for anything you wish.

No security required

You're not required to put forward any of your assets to as collateral for the loan, which puts you at no risk of losing them.

Flexible repayment options

You can also choose the period over which you repay your loan, from 16 days up to two years, to manage your repayments.

Repayment certainty

With capped fees of $400 (application) and 48% of your loan amount per year (monthly service) , you can budget around consistent repayments.

Broad eligibility requirements

You can apply if you’re 18 years or older, an Australian citizen or permanent resident and have earned a regular income over the previous 90 days (enough to support your loan payments)

Why apply for a small loan with Savvy?

How to apply for an instant cash loan with Savvy

Everything else you’ll need to know about small loans

Do I have to pay my establishment fee instantly?

No – even though this is called an establishment or application fee, you won’t have to pay it upfront. This is broken up and distributed equally amongst your monthly repayments. For example, if you had a $400 establishment fee to be repaid over ten months, you would pay $40 of this fee each month until your loan is fully repaid.

Are instant cash loans available to borrowers on Centrelink?

Yes – we partner with flexible lenders who accept instant cash loan applications from people who receive Centrelink benefits. Some of our lenders are willing to work with borrowers whose benefits make up a significant portion of their income, upwards of 50%. Provided you can show that you’re capable of repaying your debt, you can be approved for a small loan on Centrelink. If you receive government payments, you’ll also be required to provide a statement related to this as part of your application, which can be downloaded from MyGov.

What can I use my cash loan funds for?

Just about anything you like. Cash loans are incredibly flexible in terms of what they can be used for, so you aren’t limited to one specific use as part of your loan agreement. You might wish to take out a small cash loan to pay for car repairs, domestic appliances or simply to buy Christmas presents.

Can I receive instant cash if I’m self-employed?

Yes – we work with lenders who accommodate applicants with non-standard financial situations such as self-employment. Because payslips aren’t applicable for sole traders, lenders will request 90 days’ worth of bank statements instead.

Are there other fees I should be aware of which small personal loans can charge?

If you fall behind in your repayments, you’ll be charged late repayment fees initially, which start from $10, before a receiving a more substantial fee if your loan falls into arrears. This cost will differ between lenders, but if you can ensure that you stay on top of your repayments, these fees won’t pose any risk to you.

Am I able to repay my loan ahead of schedule?

Yes – fast cash loans can be repaid at any time without any additional fees. This is a great way for you to save on monthly fees and to get on top of your loan repayments if you become able to pay more each month. You’ll have to pay your establishment fee in full if you pay your loan off early, however.

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Disclaimer:

The information on this website is of general nature and does not take into consideration your objectives, financial situation or needs.

For loans between $2,050 and $5,000, the APR is between 21.24% (minimum) and 48% (maximum) per annum. Comparison rate of 65.4962%. Minimum term is 16 days and maximum term is 24 months. The cost of the loan is a $400 establishment fee and monthly interest charged on the amount borrowed. For example, a loan of $3,000 over 3 months with an APR of 48%, (comparison rate of 65.4962%), will have an establishment fee of $400, monthly repayments of $1,225.20. Total repayments of $3,675.60 and total interest payment of $275.60.

Warning: A comparison rate indicates the true cost of a loan. Comparison rates are true only for the examples provided and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.