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Nimble Small Loan

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Compare the short term loan options offered by Nimble.

Nimble is a provider of short term loans that people could consider as an alternative to traditional lines of credit if a financial emergency or something else unexpected comes up.


Maximum loan amount

1 hour

Turnaround time

conditions apply


Fortnightly repayment
for $1,500 loan

62 days to 9 months

Term of loan

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Product NameNimble Short Term Loan
Minimum loan amount$300
Maximum loan amount$2,000
Initial Maximium Loan Amount$1,600
Arrears Fee$15
Loan term62 days to 9 months
Turnaround time1 hour - conditions apply
Costs20% of loan amount + 4% of loan amount each month
RequirementsYou must be over 18, employed and not receiving Centrelink benefits as your primary source of income
Available to Centrelink Borrowers?No

Are you struggling financially?

If you're struggling financially and would like to speak to someone for free financial advice, information and assistance you can call the Financial Counsellors hotline on 1800 007 007 (open from 9:30am to 4pm, Monday to Friday). If you are suffering financial problems related to the coronavirus pandemic you may be eligible for additional support. Find out more here:

⚠️ Warning about Borrowing

payday-warningDo you really need a loan today?*

It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.

Check your options before you borrow:

  • For information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor
  • Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan
  • If you are on government benefits, ask if you can receive an advance from Centrelink: Phone: 13 17 94

The Government's MoneySmart website shows you how small amount loans work and suggests other options that may help you.

* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.

Data indicated here is updated regularly
Name Product Maximum loan amount Term of Loan Turnaround time Arrears Fee Costs Fortnightly Repayment (for $1500 Loan)
Nimble Short Term Loan
62 days to 9 months
1 hour - conditions apply
20% of loan amount + 4% of loan amount each month
A loan up to $2,000 with terms up to 62 days to 9 months. Centrelink cannot be your primary source of income.
Nimble Medium Loan
up to 22 months
1 hour - conditions apply*
Application fee of $400 + 47.62% p.a.
Apply for up to $5,000 and have up to 22 months to repay.

Compare up to 4 providers

Please note: Nimble Visa prepaid card is no longer available.

How do Nimble Loans work?

Nimble offers loans of between $300 and $2,000. The loan terms vary but will be between 62 days to 9 months.

What is the interest rate on a Nimble Small Loan?

The interest rate on a Nimble Small Loan is represented by the fees you are charged. You will be charged 20% of your principal loan amount as an establishment fee and 4% of your principal loan amount as a monthly fee. This makes up the "interest" you pay on your Nimble loan. The longer you hold the loan and the more money you borrow, the more fees you will be charged

Is Nimble safe?

Nimble is an Australian-based lender that has been operating in the short-term loans space since 2005. Nimble offers assistance via email, social media channels and over the phone to answer any questions.

Pros and cons

    • Straightforward application process. Nimble's Small Loan application takes just a few minutes and eligibility criteria is flexible.
    • Potential for fast approval and funds transfer. Nimble loans offer quick, online approval and you could receive your money within 60 minutes if your loan is confirmed before 4:30pm on a banking day.
    • Flexible loan terms. Loan terms ranging between 62 days and 3 months.
  • Potential for high fees. These types of loans can have much higher fees for borrowing when compared to other personal loans, including late payment fees and more. This makes it important to carefully compare options before deciding whether or not to apply.
  • Your repayment term is limited. Your repayments are based on your pay frequency and are not as flexible when compared to other loan providers. Generally you have to have the Nimble Small Loan repaid within a short period, with a maximum loan term of 274 days.
  • Not available to Centrelink recipients. You can't access a Nimble loan if you are getting welfare payments from Centrelink.

What fees will you be charged?

With a Nimble Small Loan, the total repayment amount will be the amount you borrow plus an establishment fee of 20% and a monthly fee of 4%, both calculated off the principal amount.

If you fail to make your repayments or do not make your repayments on time, you will be charged additional fees. These may include a $15 charge for a missing payment or daily fees of $5 for late payments. The total amount you may pay is capped to twice the amount of what you borrow.

Are you eligible for a Nimble loan?

Generally, to be considered for a Nimble loan you need to meet the following criteria:

  • Be 18 years or older
  • Be employed
  • Be paid regularly into a bank account
  • Not be reliant on benefits such as Centrelink as a primary source of income

How to apply

Clicking the "Go to Site" button will take you to a secure application page. You will have to provide personal details, contact details and financial details which include your pay cycle, monthly expenses, rent or mortgage repayment amounts and your employment details.

Frequently asked questions about Nimble

How quickly will I receive my loan?

If a Nimble loan application is approved by 4:30pm AEST on banking days, the funds may be transferred to a person's nominated bank account within 60 minutes of receiving approval. Loans submitted after these times will be processed on the next business day. The time it takes to receive funds may also depend on the bank. For people with a prepaid Nimble card, approved funds are added instantly.

Am I eligible if I have a bad credit history?

Nimble may consider applications from people with a bad credit history, but this will depend on many factors including the person's current financial situation.

How do I make repayments?

Nimble sets out the repayment dates and amounts in the loan contract and direct debits a person's nominated account on the scheduled repayment dates. Nimble will send a reminder the day before repayments are due so people can make sure they have sufficient funds in the nominated account.

What if I can't repay my loan?

If you are experiencing financial hardship and don't think you will make a repayment, you should notify the Nimble Repayments Team as soon as possible by calling 113 156 between 7am and 7pm Monday to Friday, or between 9am and 5pm on Saturday.

Ask an expert

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  1. Default Gravatar
    December 25, 2018

    Can i apply if I’m in the Philippines

    • Avatarfinder Customer Care
      December 25, 2018

      Hi Cecil,

      Happy Holidays! Thank you for reaching out to finder. Unfortunately the Nimble Small Loan is available to Australian residents. However there are loans that you can check if you are in the Philippines. Please refer to this guide for more information.

      Hope this helps. Please don’t hesitate to contact us for anything else


  2. Default Gravatar
    March 21, 2018

    Hi. For research, what are the monthly fees for Nimble?

    • Avatarfinder Customer Care
      March 22, 2018

      Hi Anon,

      Thank you for your comment.

      For Nimble, your repayments could be consisting of the amount you borrow plus 20% of your principal loan amount as an establishment fee and 4% of your principal loan amount as a monthly fee.

      Before you take out the loan, you’ll know how much you have to pay because the fees are clearly outlined.


  3. Default Gravatar
    March 20, 2018

    I am not working from 2000 I been a stay home mum but I can’t get any loan from anywhere. I get the centrelinks benefits.

    • Avatarfinder Customer Care
      March 23, 2018

      Hi Maria,

      Thank you for your comment.

      Nimble payday loan isn’t available for Centrelink recipients unfortunately. However, there are still lenders that may consider you for a loan. You can check with the lenders found on this page which is also our comprehensive guide to getting a loan on Centrelink payments.


  4. Default Gravatar
    March 20, 2018

    When I apply how long will it take to get the money?

    • Avatarfinder Customer Care
      March 20, 2018

      Hi Trisha,

      Thank you for your comment.

      Once Nimble approves you loan application, you could receive your money within 60 minutes into your nominated bank account if loan is approved by 4:30pm AEST during banking days. For the loans submitted after that will be processed on the next business day. Note that the time it takes to receive your loan depends on your bank as well. You’ll receive your funds instantly if you are approved if you have a prepaid Nimble card.

      You can get a prepaid Nimble card if you ask for this when you’re approved. This will be sent to you within 3-4 days.


  5. Default Gravatar
    May 17, 2017

    I need $1000 to start-up a business in 2 days time. Is it possible to get a loan?

    • Avatarfinder Customer Care
      May 18, 2017

      Hi Davidson,

      Thank you for your enquiry.

      It’s possible to get a loan, however, your eligibility for a loan will depend on the requirements and the lender you apply with.

      Please check out this link for a comparison of lenders and loan options for business startups. You can also check out the guides and tips on how to select the loan that fits your needs.

      Alternatively, please check out this link for a comparison of quick short term loan options and lenders that offers a quick turnaround time for loan application.

      Before applying for any loan, please ensure that you meet the eligibility criteria and requirements of the loan option or lender and make sure to read the details, as well as the relevant PDS/ T&Cs of the loan option before making a decision and consider whether the product or loan option is right for you.

      You may click the name of your preferred lender to know more information about them or their eligibility criteria. You may then click the green ‘Go to site’ button of your preferred lender to go to their website and to apply online for a loan from them.

      I hope this helps.

      Kind regards,

  6. Default Gravatar
    February 24, 2017

    Hi I got approved a loan yesterday it was transferred 12:40 Western Australia time it still not in my account how long does it take to go in Bendigo bank

    I am just wondering how long does it take for funds to go into Bendigo bank

    • Avatarfinder Customer Care
      February 24, 2017

      Hi Christopher,

      Thanks for your question.

      After Nimble approves your application, you can expect to receive your loan amount into your nominated bank account within 60 minutes if your loan is approved by 4:30pm AEST during banking days. Loans submitted after these times will be processed on the next business day.

      However, please note that the time it takes to receive your loan depends on who you bank with. You may want to directly get in touch with Nimble to confirm the status of your loan.


  7. Default Gravatar
    February 20, 2017

    Hi, does nimble approves loan if I have bad credit but iam working ongoing since last more than 1 year.

    • Avatarfinder Customer Care
      February 20, 2017

      Hi Sam,

      Thanks for your question.

      Nimble still considers applications if you have bad credit, but this will depend on many factors including your present financial situation.

      You may also check this page to compare other bad credit personal loans.


  8. Default Gravatar
    September 13, 2016

    how do you get a loan with 550 score

    • Avatarfinder Customer Care
      September 13, 2016

      Hi Cindy,

      Nimble considers applications from those with less-than-perfect credit, so you can consider applying above. You can compare your other loan options on this page.

      Hope this helps,


  9. Default Gravatar
    September 6, 2016

    I earned 1500 per montH is possible to get a loan?

    • Avatarfinder Customer Care
      September 8, 2016

      Hi nontokozo,

      Nimble doesn’t have a minimum income requirement, but that income needs to be coming from employment (i.e. not Centrelink benefits). You need to meet the criteria outlined on the page above and you will be offered a loan if Nimble determines you can repay it.

      Hope this helps,


  10. Default Gravatar
    September 6, 2016

    How do i know that it affects my credit rating

    • Avatarfinder Customer Care
      September 6, 2016

      Hi Angelo,

      Thanks for your question.

      Loan application can affect your credit rating. Each time you apply for a loan or other credit, it will be listed on your credit file as a “credit enquiry” regardless of whether the application is approved or not. Making too many credit enquiries in a short span of time can negatively impact your credit score.

      Please refer to this page if you want to know how your credit score is calculated.

      To request for a copy of your credit file, you can visit this page.


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