enably Short Term Loan

Get approval within an hour for flexible short-term loans of up to $20,000.

This online loan provider offers quick, short-term cash solutions to employed Australians earning at least $1,500 per month. When you submit an application, enably will verify your financial profile to approve you for a loan you can afford.

Loans can be used for any purpose and you can choose your own repayment terms.

Product Nameenably Personal Loan
Minimum Loan Amount$2,001
Maximum Loan Amount$20,000
Arrears Fee$20
Loan TermUp to 36 months
Turnaround timeWithin an hour
Costs0 - 20% application fee and 2.8 - 4 % monthly fee on loan amount
Available to Centrelink Borrowers?No


  • Fast approval
  • Flexible scheduling
  • Loans up to $20,000


  • Application fee up to 20%
  • Monthly fee up to 4%
  • 18+ years old
  • Employed
  • Earn $1,500 per month

How do enably short-term loans work?

enably offers loans of between $2,001 and $20,000 to be repaid over a maximum period of 3 years. The amount for which you are approved is based on your credit score and financial situation. Before submitting an application, you can use the online calculator to work out the cost of the loan.

The application process is quick and completely online, and loans can be approved within an hour (during business hours). Loans are repaid by direct debit over a minimum term of 61 days in weekly, fortnightly or monthly installments.

While you can apply for a loan online at any time, you must finish repaying one loan before applying for another one.

Features of a loan from enably

If you need a quick cash solution, here are some of the features to consider with a short-term loan from enably:

  • Fast approval. You can have your loan application approved within an hour of submitting it. The application itself takes a few minutes to complete online.
  • Various loan amounts available. You can apply for a loan of between $2,001 and $20,000, depending on what you need.
  • Flexibility. You're able to choose your own repayment schedule, with longer terms available for larger loan amounts.
  • Repayment. Repay the loan weekly, monthly or fortnightly. The fees attached are based on the loan amount and the loan period. If you need to change your repayment date, a fee of $10 applies.
  • Fees on reducing balance. You only pay fees on the outstanding principal. The more you pay off, the less you’ll be charged in fees.
  • Easy repeat borrowing. As long as you repay your first loan in full, you can apply for another loan online at any time.

How much does the loan cost?

An establishment fee is charged as a percentage of the principal, which ranges from 0-20% depending on the loan amount and the loan term. You pay fees that are charged on a reducing balance, meaning the fees decrease as you pay off the loan and reduce the principal amount. Monthly fees are 2.8 - 4% of the loan amount.

Other fees include:

  • $1.10 for each direct debit payment
  • $20 fee for dishonoured or failed payments
  • $10 for rescheduling a payment

Are you eligible for an enably Short Term Loan?

Applying for a loan from enably is quick and you can apply online. You’ll need to meet the following eligibility criteria:

  • Be employed
  • Be at least 18 years old
  • Earn over $1,500 per month

If your loan isn’t approved but your circumstances have changed, you can submit another application 14 days after your loan application was declined.

How you can apply

The application process is fully online. On the application form, you’ll be asked to specify the purpose of the loan and the amount, as well as provide some personal and employment details.

enably will access your most recent banking data through Yodlee, a third-party platform that provides read-only access to your account. If you’re a new customer, enably will perform a credit check.

The process takes a few minutes and you can get approved within an hour. Depending on when you apply, you can have funds deposited into your account on the same day.

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20 Responses

  1. Default Gravatar
    RoyOctober 27, 2018

    I work full time but am bankrupt and I need a loan of 500 – 1000 can I get this?

    • Avatarfinder Customer Care
      JhezOctober 30, 2018Staff

      Hello Roy,

      Thank you for your comment.

      Upon checking, enably performs a basic credit check as part of the application process. Their customers are assessed based on their specific circumstances. You may contact enably directly to confirm your eligibility. Alternatively, here are the loan options for bankrupt borrowers. Please compare the loan products and see your eligibility before submitting an application for the loan. Please make sure that you’ve read the relevant T&Cs or PDS of the loan products before making a decision and consider whether the product is right for you.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.


  2. Default Gravatar
    October 10, 2018

    Who offers car loans for people that are bankrupt?

    • Default Gravatar
      JoelOctober 10, 2018

      Hi Jodie,

      Thanks for leaving a question on finder.

      Secured loans can be easier to be approved for than car loans as they are less of a risk to a lender. You can consider a bad credit car loan and attach your newly purchased vehicle to the loan as security.

      Please send me a message if you need anything else.


  3. Default Gravatar
    LynelleJuly 25, 2018

    Please help me with a loan today I need it asap

    • Avatarfinder Customer Care
      JohnJuly 25, 2018Staff

      Hi Lynelle,

      Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

      You may refer to this page for options that may suit your needs. You may review and compare the offers available on the table. Once you have selected one, you may proceed by clicking the green “Go to Site” button.

      I hope this helps.


  4. Default Gravatar
    chrisDecember 27, 2017

    hi, ive been a sole trader for the past 8yrs.but the last year thinks went down hill and ive tried to keep the business going but now its sent me broke.
    I am now 9mths in permanent work with a good income.
    due to the business sucking all my money I had saved I need to apply for a personal loan of up to $10.000 I can use my vehicle as security if needed
    the loan is to pay for my partners immigration fees
    who would be best to talk to or apply for

    • Avatarfinder Customer Care
      JoanneDecember 27, 2017Staff

      Hi Chris,

      Thanks for reaching out.

      Here is a page that will allow you to compare lenders that offer short term loan of up to $10,000.
      You may click on “more info” or “go to site” to get more options or see their eligibility requirements to make sure you qualify.

      You may also use the Personal Loan Repayment Calculator found on the same page so you can view the breakdown of each payments.

      Best Regards,

  5. Default Gravatar
    DanutaOctober 17, 2017

    Ive applied for numerous loans and need a approval loan can u guide me

    • Default Gravatar
      DanielleOctober 18, 2017

      Hi Danuta,

      Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

      You may refer to this page for options that may suit your needs. You may review and compare the offers available on the table. Once you have selected one, you may proceed by clicking the green “Go to Site” button.

      I hope this helps.


    • Default Gravatar
      SeritaApril 7, 2018

      I just wanted to find out about the loans

    • Avatarfinder Customer Care
      JoanneApril 7, 2018Staff

      Hi Serita,

      Thanks for reaching out.

      For Enably, the application process may be done online and on the form, you’ll be asked to specify the purpose of the loan and the amount, as well as provide some personal and employment details.

      You may also want to review their eligibility requirements which should be listed on this page above to make sure that you qualify.

      Alternatively, you may visit this page to compare other short term loans available and check which brand would suit your needs the most.


    • Default Gravatar
      April 7, 2018

      I just wanted to ask is that if I can get the loan

    • Avatarfinder Customer Care
      JhezApril 7, 2018Staff

      Hello Serita,

      Thank you for your comment.

      In order to know if you’re eligible, you would be better if you’ll get in touch with enably directly. You may also refer to the eligibility criteria listed above.


  6. Default Gravatar
    SamOctober 13, 2017

    Hey I have a question. I had to pay my education with my credit card but was unable to pay due to financial issues. Now, I’m a permanent full time employee but I’ve a bad credit history. I need to repay that but lacks money. Will you guys be able to help me out?

    • Default Gravatar
      JonathanOctober 13, 2017

      Hello Sam,

      Thank you for your inquiry.

      You may consider getting your options from this page. Some lenders on this page may offer flexibility for those who previously had marks on their credit history.

      It is worth noting that eligibility as well as loan terms vary across different lenders, so it is important to check it completely before availing.

      Hope this helps.


  7. Default Gravatar
    rodJuly 3, 2017

    I tried to apply for a loan but on the last page, the information wouldn’t go through. I could not complete the loan application. It was stressful.

    • Avatarfinder Customer Care
      RenchJuly 3, 2017Staff

      Hi Rod,

      Thanks for reaching out to us. Please note that we are not affiliated with enably or any company we feature on our site and so we can only offer you general advice.

      Sorry to hear about that, you may try to use a different browser and try to fill out the application again by clicking the green ‘Go to Site’ button on this page. If issue still persists, please contact enably directly to inquire.


  8. Default Gravatar
    StuartJune 14, 2017

    I’m enquiring for a short term loan. I’d recently been approved for a debt consolidation home loan with an excess of approximately $50, 000 but I’m looking for a short term loan until settlement. Can you offer any help?

    • Default Gravatar
      JonathanJune 15, 2017

      Hi Stuart!

      Thanks for the comment.

      You may refer to this page as a guide and the list of lenders who may offer a short-term loan.

      Kindly review your eligibility as per their requirements. Once decided, you can click “Go to Site” green button to proceed with your application.

      Please be informed that future inquiries about the loan approval and other pending requirements should be directed to the lender of your choice.

      Hope this helps.


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