Nimble Small Loan

Nimble provides short term credit solutions to cover you when you're caught short.

Nimble is a provider of short term loans that you can use as an alternative to traditional lines of credit. If a financial emergency or something unexpected comes up and you don't have sufficient funds to cover it, then you might want to consider a Nimble Small Loan.

Min Loan Amount$300
Max. Loan Amount$2,000
Initial Maximum Loan Amount$1,600
Loan Term62 days to 1 year
Loan SecurityUnsecured
Arrears Fee$15
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 borrowersNo


  • Quick turnaround on loans
  • Loan terms 1 hour - conditions apply*
  • Transparent fee structure


  • Not available to Centrelink recipients
  • Limited repayment options
  • 18+
  • Employed
  • Active bank account
  • Your main source of income must not be Centrelink

How do Nimble Loans work?

Nimble offers loans of between $300 and $2,000. The loan terms vary but will be between 62 and 365 days. You're able to choose your loan term and repayment dates in the Nimble Members area.

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 and the higher your "interest" will be.

Is Nimble safe?

Nimble is an Australian-based lender that has been operating in the short-term loans space since 2005. Nimble:

  • Offers transparent fees and rates. The amount you pay in fees and rates is clearly outlined. You'll know how much you have to pay before you take out the loan.
  • Is a reputable company. Nimble is a reputable lender that has been operating in the Australian lending space since 2005.
  • Have fair and responsible lending standards. The online application metrics ensure a fair application process.
  • Offers online and phone-based customer service. Nimble offers assistance via email, social media channels and over the phone to answer your questions and help you with your loan.

Weigh up the good and the bad of Nimble's loans

    • Nimble offer 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.
    • Nimble claim to be a reliable lender. Nimble has been providing short term loans since 2005 and have built up a good business reputation. They are also easy to contact, which is important for borrowers.
    • Nimble offer a reloadable Prepaid Visa Card. When you are approved for a loan with Nimble you are also entitled to a complimentary Nimble Visa Prepaid Card. You can use this card anywhere Visa is accepted by loading your own money onto it or use it to receive instant loans from Nimble once you are approved online.
  • 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 365 days.
  • There is a range of high fees. These types of loans have much higher fees for borrowing when compared to credit cards and personal loans. You need to consider these fees and charges if you are using Nimble Loans often and whether it would be more cost-effective to get a credit card or longer term personal loan.

What fees will you be charged?

Nimble's Small Loan comes with a set fee structure so you know exactly how much you will have to pay. When you borrow, your 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.

Things to avoid

Nimble loans are designed to help you out with unexpected expenses or to cover you until payday and are not intended to solve longer-term financial troubles. Although Nimble allows you to borrow repeatedly, you might want to consider other credit options if you find that you are borrowing from them often.

Does Nimble really offer "smart little loans"?

Nimble's short term loan solutions can help people out of a tight spot when they might not be approved for other forms of credit. In this way, these loans are filling a needed gap in the loans market. With all lending products, the loans become an unintelligent choice when they are taken out by those in too-tight of a spot.

If you can't afford the repayments then you shouldn't be taking out the loan in the first place. If you use the loan in the way they're intended – that is, to cover shortfalls in your cash flow and repay the loan by your next payday – then the loans can be a useful credit solution to those in need.

Are Nimble loans smart? It depends on your financial situation and the way you manage your loan.

Are you eligible for a Nimble loan?

Nimble has online technology which determines your eligibility for a 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 you can apply

Start your application by clicking "Go to Site". 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.

Questions you might have about Nimble...

How quickly will I receive my loan?

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. The time it takes to receive your loan depends on who you bank with. If you have a prepaid Nimble card, you'll receive your funds instantly if you are approved.

Am I eligible if I have bad credit?

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

How do I get a Nimble Prepaid Visa Card?

When you are approved for your first loan with Nimble you can ask for a Nimble Prepaid Visa Card. You will be sent this card free of charge within 3-4 days.

How do I make repayments?

Nimble sets out your repayment dates and amounts in your contract and direct debits your account on that day. Nimble will send you a reminder the day before repayments are due so you can make sure you 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.

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100 Responses

  1. Default Gravatar
    DavidsonMay 17, 2017

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

    • Staff
      JasonMay 18, 2017Staff

      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,

  2. Default Gravatar
    ChristopherFebruary 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

    • Staff
      LouFebruary 24, 2017Staff

      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.


  3. Default Gravatar
    SamFebruary 20, 2017

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

    • Staff
      LouFebruary 20, 2017Staff

      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.


  4. Default Gravatar
    cindySeptember 13, 2016

    how do you get a loan with 550 score

    • Staff
      ElizabethSeptember 13, 2016Staff

      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,


  5. Default Gravatar
    nontokozoSeptember 6, 2016

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

    • Staff
      ElizabethSeptember 8, 2016Staff

      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,


  6. Default Gravatar
    AngeloSeptember 6, 2016

    How do i know that it affects my credit rating

    • Staff
      LouSeptember 6, 2016Staff

      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.


  7. Default Gravatar
    AshAugust 21, 2016

    Does BankWest process nimble loans on Sunday’s same day payment thanks

    • Staff
      ElizabethAugust 22, 2016Staff

      Hi Ash,

      Bankwest only processes loans during banking hours (Mon-Fri) so you’ll need to wait until Monday to have your loan processed.

      Hope this helps,


  8. Default Gravatar
    JesJuly 30, 2016

    How long does it take to transfer nimble loan into a nab account?

    • Staff
      LouJuly 31, 2016Staff

      Hi Jes,

      Thanks for your question.

      Once your loan is approved, Nimble will transfer the proceeds to your bank account within 60 minutes of confirming your loan. This is provided that you made a confirmation by 4:30pm AEST during banking days, otherwise the loan proceeds will be deposited to your account on the next business day.


    • Default Gravatar
      PierreSeptember 24, 2016

      Will you conduct another credit check if the client repays the loan and wishes to reloan? Thanks

    • Staff
      ElizabethSeptember 26, 2016Staff

      Hi Pierre,

      Every time you apply for a loan with Nimble a credit check will be conducted.

      Hope this helps,


  9. Default Gravatar
    SamJune 15, 2016

    If I take out a loan then come into some money can I pay the loan off early. If so is there any penalty.

    • Staff
      ElizabethJune 15, 2016Staff

      Hi Sam,

      You can repay your loan early at any time without penalty.

      I hope this has helped,


  10. Default Gravatar
    AnaJune 5, 2016

    What is the highest amount of money that can be loaned?

    • Staff
      ElizabethJune 6, 2016Staff

      Hi Ana,

      Nimble offers loans up to $5,000. However, the loan amount you’re approved for depends on the details you provide in your application.

      Hope this helps,


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